Complex sentence: A P48VX specialty code is assigned to those on aeronautical orders as a pilot-physician and assigned to one of these designated PPP billets, entitled to flight pay (ACIP) only if assigned to an active flying position.
Split into simpler sentences: A P48VX specialty code is assigned to those on aeronautical orders as a pilot-physician and assigned to one of these designated PPP billets. Pilot-Physicians are entitled to conditional flight pay (ACIP), that is, only if assigned to an active flying position.