You'll be hoping for a while since Omni is furloughing.

Are they really? Any info on numbers?

They're offering time off with reduced pay for a certain number of lines in various monthly increments. I think 50% pay and full benefits are included.

Mostly military charters, I guess to many eggs in one basket.

are the military charters drying up. With the "current" administration, etc. Not to get political, but...

Less troops overseas = lower charter requirements. Simple supply and demand.

The overall decline in deployed US troops was a result of the previous administration. The current administration is implementing a similar policy.

It's not really the military charters so much. There are bases all over the planet, not just the sandpit.
They were to start a large commercial contract just before covid shut the planet down. They hired like crazy in advance of that contract. The contract got cancelled due to covid.... and existing commercial contracts got suspended due to covid. The company management did a great job of re-tasking the planes to other missions. We've added new business in other areas, and the planes have kept fairly busy, but not as busy as pre-covid.
This paid leave LOA is actually pretty cool. It's a good deal for both pilots and the company. Kudo's to the managers and union folks on hashing out a good deal for all.

I agree, not a bad deal for people who want a paid summer vacation.

Is it a good deal when the entire rest of the industry is hiring and/or growing while one place is trying to go the other direction?

Who said they're trying to go the other direction?