Still, there is almost certainly an element of pulmonary contusion here given the external bruising. However you recognise that there is no intra-thoracic condition requiring immediate intervention. His respiratory rate is rising, and even you know that the increased resistance to flow caused by the tracheal tube will significantly impair ventilation in children when they are breathing spontaneously.
You get Julian to connect the tube to a ventilator before moving on to your circulatory assessment.