April airline traffic reports showed some signs of improvement over March and airline executives pointed to stabilization in revenue and demand declines, as carriers continue to search for the bottom of the business travel recession—which analysts said could lag an economic recovery. While airline CEOs said the revenue environment wasn't getting worse, they also were reluctant to say it was getting better, and they reported particular softness in the corporate segment in first-quarter earnings reports last month. Buyers, meanwhile, show few signs of refreshing corporate travel budgets or relaxing policies.

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