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The plus side to this phenomenon is that pilots, who have seen their pay plummet in recent years, can become better earners at companies feeling a supply pinch.
China is snapping up the world’s supply of senior pilots, contributing to a global shortage and creating headwinds for Asia’s fast-expanding airlines…
The shortage illustrates an endemic problem in China’s rapidly expanding economy, where the development of infrastructure and professional skills hasn’t kept pace with surging demand. The country also struggles to retain expatriate talent amid worsening pollution concerns and rising consumer prices.