QF are more focused on eliminating its competitor at the moment, so when that plan fails then the axe will fall. He will no doubt use whatever bailout Virgin gets as a excuse to lay-off his employees. If Mr Singapore bailed it out then he would say zilch.
As he is on some form of revenge path with Virgin at the moment, he will probably take out revenge on JQ pilots for causing him grief last year and putting his raft of incentive schemes at risk. Step 1 is stab a knife in JB and what he built, Step 2 is going after those pesky JQ pilots. The bloke has no limits.