Makes the future sound rosy doesn't it?
Unfortunately we all know it that reality is far from the situation depicted. The key words right now are "suitably qualified pilots" I also think the article fails to relate the predicted shortage to greater macro economic issues on a global scale.
Beyond that, (as noted) the shortages will become (are) apparent mainly in Asia. Regulation and complete lack of harmonisation on licencing will prevent (at least in the short/medium term) a transfer of skill from the areas where there's a glut of licenced and freshly trained pilots to the areas of the world that really need them.
You don't see many newly minted JAA/FAA CPL's being snapped up by Asian carriers do you? Hopefully time will change things...
