Re: "Qantas personnel in Sydney even requested removal of the report"
Shows how easily the pressures of conducting business can override safety.
That aircraft should not have been allowed to move 1 inch until that tool had been accounted for. That it did and flew 34 cycles speaks volumes about the motivations in play.
It also speaks volumes about the thoroughness of "walk arounds". That location where the tool was found is visible between the fan blades, if one makes the effort to look. I doubt they took the fan off to take this photograph! If one enlarges it one can clearly see that we're looking through the engine and out the other end of the bypass duct, with the tool stuck at the bottom of it. It means that, in the walk arounds before each one of those 34 flights, no one really looked "in" the engines from the front. Most likely they simply looked "at" the engines, which to be frank is ****ing pointless. I also think that it'd have been visible from the back end of the engine too, had anyone looked forwards through the bypass duct.
Granted, the engines on an A380 are pretty high up and you'd need a ladder to have a proper look. However, considering there was a tool missing you'd think that someone would have made the effort.
Qantas likes to pride itself on never having had a crash. Well, they came far too close to having one on this.
Fortunately, the risk of this being ingested by the engine core (where it could cause real damage) was pretty low. The flow of air through there tends to move things outwards. To have reached the engine core, the tool would have to have migrated inwards against the flow of air. One of the issues facing engine designers is actually getting air to flow into the engine core in the first place, when it doesn't want to. It's largely why the fan blades themselves have a twist - starting nearly straight at the root to let the air reach the inlet for the core itself, and twisting further out to have a shape that'll actually generate thrust.
What would have happened eventually is that the tool would have disintegrated, probably on take off (peak thrust), blowing lumps of nylon all over the runway, probably without harming the A380 in any noticeable way (unless there are any delicate sensors jutting out into the bypass duct further back). However, the next aircraft to take off could be hitting that debris, maybe suffer a bunch of tyre blow outs, and have itself a take off crash. That is the risk I think Qantas ran.