The Cobalt news will have spooked institutional investors for sure and if another airline goes..... then it will be board room busy time....
She needs to do an urgent hatchet job that whilst unfortunate for all involved is the only way to survive... current fleet, bases, route network, avg yield per passenger, load factor, hedging position and market uncertainties require a steady hand on the tiller that knows how to win a war!
Fluffy words about recovering are fine until its too late - actions speaks louder than words..