DALLAS (Bloomberg) A Japan Airlines Corp. bankruptcy probably won't diminish demand from U.S. passengers, who have grown accustomed to flying on carriers operating under court supervision.
All of the largest U.S. airlines except AMR Corp.'s American Airlines and Southwest Airlines Co. have been through at least one bankruptcy during the past two decades. In September 2005, half of U.S. airline capacity was operating under Chapter 11 protection.
"There shouldn't be any impact," said Jerry Glass, president of F&H Solutions Group and a former executive at US Airways Group Inc., which filed for bankruptcy in 2002 and again in 2004. "U.S. passengers are used to seeing their airlines being in bankruptcy and continuing to operate with no disruptions whatsoever."