BURBANK — The number of passengers at Bob Hope Airport dropped 5% in March, confounding officials who on Monday said the decline was greater than expected.
The loss of 7,497 passengers compared with the same period last year was 2% lower than what had been budgeted for, and likely contributed to a drop in parking revenues, which fell about 7.6%, or $129,000, according to a report to the Burbank-Glendale-Pasadena Airport Authority.
“Well, we haven’t seen the bottom yet,” said airport Executive Director Dan Feger.
Passenger figures typically rebound in March after the slow season in January and February, but that didn’t happen this year. Officials wouldn’t point to any one reason for the decline in passengers, but said the airport budget remained solid despite the lost revenue.