A group of AMR (AAMRQ.PK) bondholders have told the bankrupt airline's pilots union that it will...

|By:, SA News Editor

A group of AMR (AAMRQ.PK) bondholders have told the bankrupt airline's pilots union that it will only support the carrier's exit from bankruptcy protection as a standalone company if a new board is appointed comprising mostly of directors with no prior affiliation to the company. The group includes JPMorgan (JPM) and holds up to $885M in AMR debt.