THE government’s latest push to offload PIA signals a bold move, considering the failure of the first such attempt in October.

Months after serious investors had shied away from bidding for the national flag carrier, they now appear ready to put down their money for one of the state’s most financially troubled assets. The resumption of PIA’s flight operations to Europe after the EU lifted a four-year safety ban, its return to profitability and, importantly, the undisclosed assurances given by the authorities to address investors’ concerns over inconsistent policies, the company’s legacy issues, taxes, etc, seem to have done the trick.

The government has

© Dawn