I realise that this is a rumour network but to all those doomsday Nostradamus wannabe’s let’s wait for a while and see how J* International actually goes.
Jet* Asia was (is) a resounding flop, and as far as J* in the domestic market is concerned being profitable in Australia is one thing but the international playing grounds are quite another.
Domestically the only competition to J* was
VB and to be honest J* uses a lot of QF’s infrastructure as well as Fuel and other consumables at airports around Australia but will not have that advantage at many overseas ports.
The only constant in aviation is change but it is not always disastrous, let’s wait and see