JB has been gone a little while.
VA will still be around in some form or another. It's operational cost base will be significant lower than QF's in a an almost non existant to very soft market into the foreseable future. Business travel will be decimated into the medium term and this where QF makes it $$$$$. Forget international and all those nicely refurbished A380's sitting around collecting dust. QF will be forced to downsize and make some serious decisions in order to survive. All the add on's insurance, etc. are only driven by people's dream of flying for free using points especially to overseas destinations, which won't be freely possible for a number of years I believe.
Scotty from marketing has shown he has no interest in saving the airlines, he can not now go and bail out QF in the future, the class action against the Government would be huge.