you'll have no prob as your 11000 hrs more than sufficient.
you have to take malaysian Air Law to convert your license.
I wonder if the salary be enough for a Europian, anyway MAS is buying 737-800, coming in 2010 so type rating will be given once u got in. Starting salary same as local with extra expat allowance USD1500 , that is take home approx USD 6000to 6500 (anyone pls verify?)
Abt AirAsia I heard basic abt USD 3000, but take home almost 8000USD?
(Flying Allowance rm195x 80 hrs= RM15600/4800usd tax free)
Wait for more response/this figure is close but not accurate.