If it is just SilkAir that is recruiting then I'd say it would be a while before recruitment opens up because the group still has a surplus and a few guys who are still waiting for a call up after clearing everything just before they froze recruitment. Even though MI has 8 a/c coming in per year they have 4 being decommissioned, giving them an effective increase of just 4 a/c per year, which they should be able to absorb with the current pilot pool they have. Their annual reports say that the A350 is EIS in 2016. Mind you, if the economy is bad they will use those a/c to just replace their aging fleet.
Another thing I feel will play a role is the new retirement structure, if it is accepted by the MOM and the pilots then there will be a need for pilots sooner than previously expected.
Seeing as to it will take around 2.5 years to train a cadet to FO I'd say we should start seeing recruitment beginning towards the end of Q3/ beginning of Q4 of FY2014-15 if the economy holds up.
This is just my two cents...
Their annual report coming up next Thursday might help paint a clearer picture.