My latest opinion of the script is that Jetstar is going to be sold privately. Probably to American hedge funds with some Australian involvement. probably KKR with which the Qantas Chairman is involved I'm told.
After Jetstar is sold, Qantas collapses. Jetstar wil have taken all the "crown jewels" from Qantas. Jetstar will openly compete with Qantas domestically and drive it into bankruptcy. The Jetstar folk know exactly what routes are profitable in Qantas and what are not.
To put that another way, you will see the child kill the parent.
After that, the Qantas assets, including the brand, will be up for auction and the only buyer will be....Jetstar. Nobody else can bid because Jetstar controls the domestic market and can crush any emerging competitor.
Jetstar then rebrands itself as Qantas and ... job done. Qantas is now a completely privately held business and proceeds to rape Australian travellers yet again.