AMR Corp's creditors' committee yesterday urged pilots' and flight attendants' unions to promptly reach consensual contracts with the bankrupt parent of American Airlines, saying that those employees would do far better in agreed deals than if the court abrogated contracts, Reuters reported yesterday. The creditors' committee said that American cannot afford to sweeten its latest contract offers. Any additional concessions would endanger a successful Chapter 11 bankruptcy reorganization for the airline and it would oppose them. The committee spoke out a day after a Bankruptcy Judge Sean Lane denied a request by American to abandon collective bargaining agreements with its pilots' union.
