I'm afraid that I cannot see any evidence of a pilot shortage - I have never known so many guys (and girls) who one day decide to be a pilot, put there money (or bank loans) where there mouths are, get the training and get a job with a major airline.
In fact I think that with the abundance of ever cheaper flight training schools and the increase in students from the third world (where in places like India there are millions of highly educated people who are desperate for jobs), there will not be any shortage for many years.
