oneworld won JAL. How do JAL’s cutbacks affect the alliance?

Given the fierce battle over its allegiance, the ongoing news about the state of JAL will have its oneworld partners captivated. The Japanese flag carrier's massive losses (it is expected to report an operating loss of approximately JPY160 billion - USD1.7 billion - in the 12 months ended Mar-2010), its (apparently) already postponed reorganisation goals and a slow return of the business market all combine to make the airline's future challenging at best. The biggest winners in European markets could be oneworld's Finnair and Cathay Pacific and, not surprisingly, Star's All Nippon Airways. Otherwise, oneworld will have to move quickly to plug the gaps.