I think you will see a marked improvement in the package offered in 2008 for Captain's on the B777/B747/B737NG/A330/A340/A320. There will be increased competition amongst carriers to grab as many Captain's as they can. It's starting to happen and once the age 60 dust settles it will become more apparent. For the contract Capt it will be a win-win situation. Pretty soon you will be bombarded with job offers. And--you can be picky. The Middle-East is going to have an advantage in that they can offer more in terms of financial incentives. However even India will have to step up, because it is cheaper to pay a Capt $10,000-$15,000 as a base pay rather than to park airplanes and cancel flights.