I was told they got 1100+ applications over 3 days, and they are hiring maybe 10-12 pilots, with the possibility of 30. That's about 1%. They already held interviews last week, but I'm not sure of the exact number of applicants with the majority being furloughed pilots (Mesaba, Comair, Mesa, etc.)
As far as the min. requirements: 1500TT/500ME & Turbine Experience. Airline experience preferred.