I think you are absolutely right here.
I just joined a company in Europe together with some Ex Globespan pilots. Most of them would love to fly for Easyjet and be nearer to home here in the UK. However we cannot compete with low hour guys willing to accept 6 months contracts and very low pay to get into this profession. Most of us have families to support so have to move far from home to the Middle East etc.
Experience has become to expensive. Safety is our highest priority .....