AJ kept mentioning China and I doubt they would be allowed to set up a hub inside China. So everything hubs from HKG - All parts of Asia and Europe.
Very dangerous territory if you ask me.
How about Qantas sells off Jetstar to some wise investors and floats it on the stock market. Could probably raise a few billion as it is such a brilliant concept. Then Qanats can get back to being what it is supposed to be doing and RUNNING QANTAS!