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I do believe the USAir merger commitee gambled and lost. I do not think the entire USAir group should be punished for it as the nic clearly does.
Have you actually read the Nicolau Award? You must not have since there's no vindictiveness or talk of punishment in it. It's nothing more than one of the most experienced arbitrators in the country doing what he thought was fair and he very clearly explained his reasoning. You're welcome to disagree with him but it's disingenuous to say he meted out any "punishment".

The Eastie's careers suffered due to two bankruptcies. Nicolau simply refused to restore their careers at the West's expense.
 
Not to mention the only complaint the East's Pilot Neutral stated was he felt the guys called back since the merger should be placed higher on the list. At that point about 300. Other than that, he commended Nicolau on his handling of the situation.
 

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