If QF's auditors are any good, they will be demanding that Qantas write off their entire investment as part of the FY14 accounts because it is unlikely this money will ever be recovered.
That would fit perfectly into the "the sky is falling in", faux Chapter 11 narrative. Of course, creative, I mean segment accounting allows the write-offs to be mimised & masked [saving face] via transmutation onto other business segments. The true losses in Asia will never be publically admitted under the AJ/LC administration, possibly ever.
If you are going to have a bad year, make it a shocker. Think of it as a toxic waste barge allowing the all the trash to be floated away in one go. And never let a crisis go to waste.