CTK's Business News in Brief

Court approves reorganisation plan of Czech Airlines

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Prague - The Prague Municipal Court approved the reorganisation plan of the indebted Czech Airlines (CSA), confirming the creditors' vote of last week, according to the insolvency register, and new firm Prague City Air, belonging to Smartwings owners Jiri Simane and the Vik family, will become a new investor in CSA.

The reorganisation plan, prepared by the parent company Smartwings, is in line with all legal conditions, the court said. Another condition for the plan's approval was the agreement of all five groups of creditors, who approved it at their meeting last week. The plan's approval is essential for saving the airline, said Smartwings. CSA has been insolvent since last March and the court subsequently allowed its reorganisation.

Some 19,500 households still in SoLR regime

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Prague - Some 5,604 household gas customers and 13,880 household electricity customers are staying in the regime of supplier of last resort (SoLR), Labour and Social Affairs Minister Marian Jurecka said at a press conference today

Most of these customers have to switch to regular suppliers by April 14, or they are at risk of being disconnected. In total, 637,136 household electricity customers and 296,861 household gas customers have been in the SoLR regime in the past six months after their original suppliers collapsed as a result of the extreme growth of energy prices on markets.

Some 12,600 Ukrainian refugees start working in Czechia

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Prague - Some 12,600 Ukrainian refugees started working in Czechia in March and 10,000 registered at employment offices, proving that they are active in looking for work, Labour and Social Affairs Minister Marian Jurecka said at a press conference today.

There are over 300,000 Ukrainian refugees in Czechia, the highest number of them in Prague. Some 162,000 refugees have applied for the humanitarian benefit of Kc5,000, Jurecka said. Language courses for refugees will open in April, arranged by employment offices as well as companies. Some employment offices in Prague are facing capacity issues due to the refugee wave, Jurecka said.

Up to 80,000 Czechs to travel abroad for Easter - association

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Prague - The Association of Tour Operators and Travel Agents (ACCKA) estimates that up to 80,000 Czechs will travel abroad for Easter, which corresponds to the numbers before the coronavirus crisis, and they will head primarily to the seaside, the ACCKA said in a press release today.

Travel agencies sold out most last-minute offers for the long weekend especially in the last week. Czechs will travel for week-long stays primarily to Egypt, the United Arab Emirates and the Canary Islands, or for a long weekend to European cities with direct connections, the ACCKA said. The Invia travel agency has seen about a twofold yr/yr increase in sales of Easter holidays, said the agency's spokeswoman Andrea Reznickova.

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