From what I understand at SkyWest, if you hit 1,000 hours you're done. That is, you get the rest of the year off without pay.
Not get paid? Yikes, that is bad. My opinon is that you should be rewarded for giving 100% to the company, hell you should get a bonus, Lord knows you don't have a life.
I, along with several other pilots at my airline, timed out in '99. I was a fairly senior FO at the time. I spent the last two weeks of the year in Hawai'i, gettin' paid my guarantee.
Since then the company has caught on, and our union agreed to an LOA that allows the company to designate 'high time pilots'. I think we got something in return, can't remember what though.
Anyway, with the LOA, basically if come October your block time for the year divided by the number of completed months, multiplied by 12 is more than 1000, the company can start pulling trips to keep you from timing out. They reevaluate every month.
Trip guarantee applies, so you are pay protected, but no more Christmas in Hawai'i on the company. I think it kinda sucks, but then again since I upgraded I have only come close in 2001, that was only up until Sept.
Like I said, I think the company should have given me a bonus, not devised a way to prevent this from happening. Guess that proves I am a pilot not management.