As a bond it sounds about right. REX bond their pilots $15K for the SAAB, but that's over 2 years. I think the SAAB endo costs approx $15-$20K, so I guess $12K bond for an ATR is still on the cheap side.
Shhhhh. They may be listening, er... watching,...reading, you know what I mean.
But as MUII said, I think a major win in the negotiations (when they finally took place) was the inclusion of the Skywest CA. And fair enough too!