Nobody from our group can come up with a definitive answer on whether or not losing JAL would actually be good or bad for us.
Looking at it even from a layman's prospective you can garner two totally different pictures.
Either it's very good, because we are not flushing $1B+ and anchoring ourselves to a perpetual money loser. Also, there is a good chance JAL will take more of our flying in some sort of code share or JBV type of deal.
Or it can be looked at as very bad as we lose our only partner in Asia, and lose a significant chunk of revenue feed and flying.
Personally, I am not convinced this is the end of the world for us, as I think there is some sort of plan B for us.