Unable to reach an accord with Alitalia's trade unions following a two-day extension to the negotiations, Air France-KLM yesterday ended its effort to acquire the ailing flag carrier, leaving AZ's future once again up in the air. AF-KLM said that when it submitted its final offer for AZ three weeks ago, it "clearly indicated that [it] was contingent on prior agreement with the trade unions" representing a majority of employees. Despite reportedly offering several concessions as talks reached ...
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