In regards to a Indigo Tiger only buyout, with a dead Virgin, September School Hols is a good time to kickstart. They would be able to pull some Neos out of Frontier to quickly start it up.
Pilots will probably need to take a ‘new startup’ pay cut 10-15% below JQ, but a job is a job.
I think it’s certainly probable. They have the AOC, past Tiger ownership experience spin to bypass any government doubters, aircraft ready, Sydney slots. And Airbus Pilots at the ready.
Tourism operators will be throwing a lot of cash around to boost their numbers, as well as States throwing hundreds of millions around with bazookas to protect egos. Win Win.