FactsPeak burn rate was $20MM/d, already cut back.
Shares traded per day at near 7million/d 30 day average was considerably elevated compared to pre-CoVid era, and in $ value too. There is no way that the shares were bought by bank traders or by retail. A narrowed Ownership profile will be revealed shortly. And naturally shares traded per day is dropping since new large owners are in it for the long haul. Specialized airline expert funds do not buy businesses on a whim, and they don’t buy the entire industry as Buffet did. Research Beneficial Ownership over the next weeks. ;)
Retail does not have much say in this business, other than to own a few shares and tuck them away within a diversified portfolio.