I’d hate to say it because I really really want virgin to hang around. I’ve got plenty of friends there.
However Jetstar will be Australia’s second airline if it all goes belly up (Virgin). The ACCC will mandate QF split it and that’ll be that.
Perhaps scoot or the like will jump in and pry it away under government direction.
Having said that - I think virgin will still be here. Once we are through this little hurdle, it’ll all come back with a vengeance.