The government should put a tax on air tickets to pay the staff entitlements like it did with Ansett
Seriously though, TOLL freight must move and there isn't an operator sitting around with that many spare aircraft and pilots who can take over tomorrow. I reckon either TOLL take over themselves, or the company is sold as a going concern once things are restructured., ie debts written down and someone buys it out.
Chins up everyone, at least the job market is the best it's ever been if the worst happens.