One obvious conclusion is that Stelios does not have a lot of faith in the current management. He has said that new aircraft orders should be scaled back (which with hindsight maybe was prescient) and he fairly clearly wants to extract whatever money he can, while he still can. New bookings and cashflow must be about zero and with mixed messages coming from government there is a very uncertain situation developing. If it turns out that more people have been infected than currently show in the numbers and have some form of immunity then a gradual resumption of flying is possible, but that is by no means yet clear.