China Looks Abroad to Meet Its Own Demand for Airline Pilots
Shenzen Airlines is one of the Chinese aviation companies recruiting pilots from other countries. Aero Icarus / Flickr
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.
Excerpt from Wall Street Journal
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.