Your opinion is wrong!
All of the financial adjustments were done in the two bankruptcies. Were you going to take another significant RIF and paycut, get rid of more planes, find more foolish billionaire investors to lose money and have a third trip through bankruptcy? "US brought most of the financial backing to the merger" ???!!!???? WHERE DID YOU GET THAT OPINION? Your only alternative was liquidation. The financial markets knew this. AWA,Parker, and the new financiers were, what is known in the business, the White Knights that came to the rescue. They took a chance that the sum of the parts, with a commensurate amount of employees to run the smaller operation, when cleaned up and trimmed, was a greater value then the few valuable parts, such as the shuttle, gates and slots in DCA,LGA,BOS,the PHL international operation, and little else. You would have been parted out and liquidated and the only crew members with jobs would have been the Shuttle pilots like EAL, and maybe some international crews like Delta accepted from Pan Am.
Now, the risk they took, the single most important issue that all of the naysayers will be saying "I told you so" about, the horrible attitude of the remaining USAir employees and their inability to deal with all of the misfortune that has befallen them, most of it beyond their control and a result of baaaad management and 9-11, could sink the airline.
For those of you who desire to torpedo this place because the seniority integration did not go your way,,,,, Shame on you! With the operation truly 100% functional, and all of the merger related integration problems out of the way, this place could be a real winner and we, as employees could be too. There have been some casualties. Those at the end of their careers may run out of time. Those furloughed may not benefit as much, but, the majority of us can make a real go out of this airline. Combining the attrition of the east and the growth plans of the west, will open up opportunities for advancement. We may just have to be patient.