Airnet has a few bases that they have difficulty keeping pilots in. TEB, BDL, BUF come to mind. I suspect that hiring part-time pilots is an effort to staff those bases with pilots that want to be there. If they can't find one guy that wants to be there full time maybe they can cover it with multiple part-timers. My guess would be that a part-time position would start out in the props in a specific base and come with some restrictions on upgrade and transition out of the base. That said it could allow for a future transition to full-time with associated upgrade and base transfer rights.
The SOPs (at least the one current at my departure in March) make no mention of part-timers. Contractors can be used, and transitioned to permanent employees with the pilot's seniority based on the date of their transition to permanant status. Airnet's pilots are not union, though, so any change to hiring policy as specified in the SOP need only be approved through regulatory channels.
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