If I'm not mistaken Herbst is a former TWA guy who survived the assimilation by AMR amazingly enough.

He's a less sought after version of Vaughn Cordle because he actually uses facts and figures whereas Cordle just kinda' flings it at the wall and hopes it sticks.

As far as USAirways, I agree that they are on their last and final life (Again).Although never underestimate the stupidity/greed of venture capital types seeking a quick return on their investment like PAR and a few others did in the early days of the HP/US train wreck.

I could see US ending up either selling itself off piecemeal or en masse to AMR and then wait for the explosion as APA and USAPA meet head on at a high rate of speed.