"a 46 million dollar gap over the course of a proposed five-year agreement remains"

Here goes my attempt at math and logic;

46 million/1200 pilots = $38,333 per pilot.
Divided by 60 months = $638 per pilot per month
Divided by 72 hour guarantee = $8.87 per hour.

Whatever it is the union is proposing to the company, they don't seem that far apart to me.