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"This is still a concessionary contract," said union spokesman Tom Hoban. Still, Hoban said the two sides were "very close in many areas." He said that union President David Bates asked AMR CEO Thomas Horton to seek the judge's approval for more time to negotiate by pushing back Friday's deadline. American Airlines spokesman Bruce Hicks said the company offered pay increases, profit sharing, stock in the company that emerges from bankruptcy, and freezing the pilots' pension plan instead of terminating it. Hicks said American was disappointed that the union didn't let rank-and-file pilots vote on the offer. The Transport Workers Union, which represents American ground workers, let its members vote and five of the union's seven groups ratified company offers.
[Associated
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