I'm based in Europe so I do not have the advantage of local insight into the problems facing US Airways...but surely a lot of it must be down to the common denominators of
(a)Stephen Wolf
(b)Rakesh Gangwal
I would say Wolf was good for US Airways in the beginning...The purchase of Airbus a/c...A change from the previous thrown to-gether collection of machines,Atlantic expansion and doubling the company's profits in 1996 to over $260 million...not bad for a first year.
Wolf's track record speaks for itself
(1) Improve the balance sheet
(2) Sell the company
Look at Flying Tigers,Republic etc.
The failure of the sale of US Airways to United Airlines arguably has this company where it is now.There is no point in blaming the employees
for the woes inflicted by nothing more than lack of leadership.Gangwal has since departed.
The collapse of US Airways would be to the advantage of all operators since Sept 11,But not in the interest those of who have spent their working lives in it's service or the shareholders to whom the company owe a return on their investment...I wish US Airways the very best in 2002...