Why take a massive pay cut to work the same hours per month? Ask any RYR CPT in a seasonal base about summer hours. It's 100 a month. Many calendar months (i.e. 31 days) rostered over 110, with frequent phone calls to work days off.
Realistically on these new contracts I suspect one would fly about 850 hours, the same as a full time employee but for less money. Fixed pay and allowances are 75%, the only thing you get properly paid for is the sector pay.