kingpost;
20.000 pilots a year for the next 20 years?? !!!
I wonder where you got such hogwash stats! Not from aviation world reality, that's for sure!
Further I believe there came a ruling EASA, that N-reg pilots residing in EU land, is required to have EASA licence! At least there was rumours of this some time ago!
So what will it cost me to go over to FAA land, and convert my JAA IR to an FAA IR? I was quoted for getting PPL issued, would be looking at around £1000, the IR re-validation would be less? Just wondering, not that I am considering to do it!
Everything in EU land is more expensive than the US, but is it really that great difference in the end?