Any 747 or A380 pilot over the age of 63 should be wishing for a VR offer. Even if the company offered just the leave they would accrue over the next 12-24 months whilst stood down and to cash out their current leave balance, with the tax rates applied for redundancy the crew member would be well in front of what they’d get otherwise just sticking it out on stand down.
Anything above that number that AIPA can negotiate is a win for those crew.
Of course it depends on whether one thinks those crew can be kept stood down beyond March next year, whether the international borders are open and so on. So still a bit of a mess to work through.
One thing for sure. There are no winners in all of this. Everyone loses. Some will just lose less than others.