(Bloomberg) -- American Airlines Group says its pilots union declined to join other labor groups in accepting premium pay for working holiday periods in November and December.
Co.’s offer to pilots would have provided as much as 200% premium pay
Allied Pilots Association says offer doesn’t address long-term schedule issues
Union board unanimously rejected offer
Stocks falls 1.5% to $21.94 at 9:50 a.m. in New York, biggest decline in S&P 500 Airline Index
