My guess is that
JetStar is
VB's target.
They're a new start up, with high start up costs & plenty of teething problems, and according to CEO Dixon's latest decree each "section" of the QANTAS group is going to have to prove that they can stand alone and not rely on other parts of the (QF) group to support them.
With very little behind them, how long do you think
J* can continue to operate on $1 tickets?