Flieng- Yes.
Low cost airlines say that their Priority is safety. We as professionals believe in a Safety culture.
I am a safer Pilot now with 12,000 hours than I was 10 years ago with 4,000 Hours.
In a true culture of safety you would hire the most experienced Pilots.
I am not saying that you will not find 5,000 hour guys that are better than 12,000 hour guys, of course you will, but when making the selection you have to know that at personal level the 12,000 hour guy will be close to his best.
Let me also say that as you go through your Career as a Pilot you do become a better and safer Pilot, you are not the best that you will be from a safety point of view when you are 25. I would suggest (although it's personal) you reach your highest safety standards in your 50's, when you really realise "it can happen to you".