http://www.reuters.com/article/2012/06/28/us-american-pilots-idUSBRE85Q1QY20120628 Pilot union leaders at American Airlines reached a tentative agreement with management on Wednesday on a steep cost-cutting contract...The Allied Pilots Association board voted 9 to 7 to send the last and best offer to its membership for consideration, the union and the company said. A vote by members is expected in coming weeks, prompting the judge overseeing American's case in New York to postpone a ruling that had been scheduled for Friday on whether to allow the airline to abrogate the pilots' contract, the airline said. Ratification by pilots would end years of bitter negotiations and introduce a measure of labor stability to American's bankruptcy. The airline is seeking more than $1.2 billion in cost cuts from its unions annually, a key factor in its decision to seek Chapter 11 protection from creditors last November. Added certainty from labor would allow the parties to shift focus to American's planned emergence later this year and whether it will do so alone or as part of a merger.