Even with a JAR licence I would rather have an A320/B737NG on it than an obsolete type which is becoming increasingly expensive to operate. Also not all the crews have the right to work in Europe.
I believe a few die hards are still sticking it out in Zim, life being bearable only due to earning hard currency.
Best of luck to all involved, I know what it's like. Be flexible and go anywhere the work is.