China - 8,000 Pilot Difficit by 2009
I heard on the news a couple of months ago (Chinese CCTV9) that china will have a difficit of aprox. 8,000 pilots (!!!) by 2009.
The good news are that our flight school is the largest in China and can only output no more then 300 students per year. Even this is a real stretch. They will have no choice but to get over their nationalism and hire some ex-pats. Pay projected to be around 30,000 yuan per month.
Of course, CAAC license will give everyone a good leg up in this matter. As far as i know, conversion to CAAC ATPL is not that painful. I got CAAC CPL/ME/IR - this was a real pain in the ass bacause english version of exams were mistranslated to a degree that you just didnt know what the question was about. However ATPLs are mostly based on FAA Gleim questions and fairly easy.