American Airlines pilots will vote on a revised contract proposal paring bankrupt AMR Corp.'s bid for concessions, and the carrier said that a judge would delay ruling on a request to void contracts with its biggest unions, Bloomberg News reported yesterday. The Allied Pilots Association board agreed today to hold an election on the latest accord, which calls for shrinking AMR’s demand for labor savings by 15 percent, to $315 million. That step came just before the deadline set by Bankruptcy Judge Sean Lane. The move marks progress in Fort Worth, Texas-based AMR's effort to win $1.25 billion in annual labor savings. While five employee groups in the Transport Workers Union have approved givebacks, two other TWU groups held out. Neither the pilots nor flight attendants unions have accepted demands from AMR, which has asked Judge Lane to cancel its existing agreements.
