Burbank Airport Statistics 2014-2022 Reflect the Economy

Increases over the past 8 years in Total Revenue Passengers from January - August at Burbank Airport interestingly and predictably follows the National economy.  While National and local media pundits would suggest one or another narrative; the traveling economy statistics through August suggests a recovering economy BUT when looking at monthly statistics comparing 2021 to 2022 and even 2020 to 2021 the facts are the economy is not recovering.  The recovery - increase in revenue passenger ended in June 2022 when traditional travel increases. Airport Statistics - Hollywood Burbank Airport

There had been a dramatic increase in February 2022 compared to February 2021, 407%. But that has steadily decreased every month since:   250% increased between March 2021 & 2022. Similarly, April 2021 vs April 2022 dropping to 199% (but still an increase). Again, in May a decrease - but still a 115% increase over the previous year.  And most dramatically June 2022 increase was only 51% compared to 2021.  Lastly July and August increases were 24% and 28% respectively.  

So, while the year- to-date total increases suggest one story.  It remains to be seen by the time the year-end-totals appear, given there is a two-month lag in stats, if it is obvious of a decline mirroring what residents of the San Fernando Valley are feeling with food & fuel costs increasing dramatically this year. 

January - August changes 2014 to 2022

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