I noticed you changed from "11 pilots" to "far in excess". Care to substantiate either claim?
The stuff being thrown around here has Buckley's chance of getting through AIPA's CoM let alone the membership. I suspect there are some lonely people who are attached to the company side of the negotiations spreading this crap in order to attempt to loosen people up. It won't work. $1bn profit makes it hard to sell a pay freeze. Good luck getting anything else.
There are other ways to achieve things without reinventing the wheel. Rotating seniority is not the answer either.