AA does have an unproductive, antiquated contract. It fits perfectly with AMR's antiquated bureaucracy and 1880's management style.
Why "give" AMR a more productive contract when much of the productivity will be wasted. AMR won't let go of the leash even if the pilots agreed to a SWA-style contract.
Example: AA says they have a high incidence of sick calls. They have a large number of trips in open time. Most pilots at most bases are not allowed to trade into trips that are in open time due to staffing shortages. Viola! AA has a large number of sick calls. They have been told WHY they have people calling in sick and they have been told how to solve it. But they won't.
It took a near bankruptcy for AA to adopt single engine taxi to save fuel (after a couple of years of former TWA management presenting statistics on fuel savings). The bureaucracy in Flight Ops. alone rivals the U.S. Government.
AMR has only to look across town for an example of how to run an effecient airline but they are blinded by their enmity toward their own employees.TC
Besides the AA pilots are still not content after giving away the China route to UAL.