Passenger numbers and key revenues continue to slide at Bob Hope Airport in July, with income generated by parking fees plummeting more than 10% compared to a year ago, according to the latest figures released on Tuesday.
Airport officials reported a nearly 10.7% decline in parking revenues in July to $1.4 million, down from the $1.5 million generated during the same period last year. The decrease follows an almost 7.3% drop in June and an 8.7% slide in May.
Much of the decline has been in the short-term parking structure, which alone saw a $40,000 drop in July.
Dan Feger, the airport’s executive director, said officials noticed the “dramatic decline” in revenues when American Airlines pulled out in February. The trend was “exacerbated” by the closure of parking Lot D to make room for construction of a new transportation center, he added.
Not helping matters has been a decline in the number of passengers using the airfield. There were 347,501 passengers who traveled through the airport in July, a 6.5% drop from the 371,837 seen in July 2011, according to the report released to the Burbank-Glendale-Pasadena Airport Authority.