Alitalia nears bankruptcy protection as talks fail

• Story Highlights
• Air France-KLM breaks off talks to buy Alitalia, Milan market suspends Alitalia shares
  
• Air France-KLM: Union conditions will not allow it to return the airline to profitability
  
• The collapse of talks deals a setback to government's efforts to sell the carrier
  
• If Air France-KLM refuses talks, bankruptcy protection appears most likely outcome
• Next Article in World Business »