See StoryAirline merger would use two well-established strategies: The potential merger of US Airways and America West Airlines combines the two chief restructuring tools used by the industry: bankruptcy and mergers, the Financial Times reports. Some observers say the deal won't work and compare it to "combining two one-legged men." However, people involved in the merger talks say the companies, if combined, could have more liquidity than any airline of comparable size. Financial Times (London) (5/15)