Definitely *should* announce something before the reduction bid closes in order to give us a better idea of what we want to bid.
My guess is that the "volutary furlough" actually is the "leave program." Have they even given any semblance of how long the voluntary furloughs are going to be. 6 months? 1 year? 2 years? indefinitely? If a senior pilot takes a volutary furlough and in 1 year Spirit announces permanant layoffs, can the senior pilot return to duty forcing a junior pilot to be layed off?
Lots of unanswered questions.