On Sunday, 27 March, the 2022 summer schedule comes into effect at Václav Havel Airport Prague. Throughout the season, Prague Airport will offer passengers a selection of 147 destinations, including 25 charter flights. A total of 58 air carriers will provide air connections with Prague. New routes, such as New York and Riyadh, will be added, while many other destinations will see increases in the number of frequencies, namely London, Madrid, and Paris. The number of operated destinations and active air carriers will reach ¾ of the record 2019 offer.   

Passerinvest Group (Passerinvest), which celebrated 30 years since its establishment in December of last year, is behind the urban transformation of the Prague locality Brumlovka in Prague 4, which is one of the largest projects of its kind in Central Europe. During this period, Passerinvest’s investment activity has enriched the state coffers by CZK 71 billion. In the last 16 years, it has also been involved in the preparation of the appropriate urban development of Prague - Roztyly. The company plans to invest an additional CZK 35 billion in both locations in this decade. The outlook includes commercial and residential projects, the expansion of civic amenities and publicly-accessible spaces for the general public.

The advanced European turboprop was selected by Airbus Defence and Space for the new Eurodrone

Prague, Czech Republic – Airbus announced on March 25th that it has selected Avio Aero to power the Eurodrone unmanned aerial system with its Catalyst engine. The program includes 120 engines and a multi-year service and maintenance agreement.

With the deadline for filing personal income tax returns approaching as early as 1 April 2022 for paper filing and 2 May 2022 for electronic filing, many taxpayers may be wondering how to handle the taxation of cryptocurrency income.