Elements of Jetstar are sound and would compliment the Qantas group nicely. Jetstar Singapore / Hong Kong / Vietnam and Japan should have been 'gone' on the 27th. Jetstar Domestic and New Zealand including the Tasman should have been frozen at current levels and Jetstar International (330 / 787) should have been shutdown, no one will ever convince me that low cost longhaul is a good idea (and I work for them).
The 787's should have been immediately rebranded to Qantas with the 747 and 767 being completely replaced. This would have given a return to profitability much sooner and also given Qantas time to pursue the staff efficiencies and cost base they seek. It makes me sick that staff are suffering whilst the company continues to pursue non sensical businesses.