Eyeing Los Angeles Olympics, ICC could award 2024 T20 World Cup to USA: Report
Sydney, Nov 14: The USA is likely to host the T20 World Cup in 2024, which could serve as a launch pad in the ICC's bid for cricket's inclusion in the 2028 Los Angeles Olympics.
The ICC is expected to award a joint bid by USA Cricket and Cricket West Indies to host the 2024 T20 showpiece.
According to a report in Sydney Morning Herald, a "decision on venues for ICC events in the next cycle was imminent, and that an outward, global focus would mean they were more widely distributed than in the recent past."
If all goes as per the plans, it would be the first global tournament not hosted by either India, England or Australia since the 2014 T20 World Cup in Bangladesh.
The ICC has been for a long time looking to give emerging countries the hosting rights for the mega events.
The 2024 T20 World Cup is expected to have 20 teams and 55 matches as compared to the 2021 and 2022 editions which have seen 16 teams playing 45 matches.
Between 2024 and 2031, the ICC is set to host several global tournaments, which will begin with the 2024 T20 World Cup.
"In addition to marking a significant move away from those years, the choice of the US to help host the 2024 tournament would also serve as a launch pad for cricket's long-awaited inclusion in the Olympic Games, starting with LA in 2028 and following up with Brisbane in 2032," said the report in the Australian daily.
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AI, IndiGo, SpiceJet seek ATF price relief; say airline industry on verge of 'stopping operations'
Mumbai (PTI): Air India, IndiGo and SpiceJet have told the government that the country's airline industry is under extreme stress and on the verge of "stopping operations", as they sought revision in ATF pricing and financial support.
The West Asia turmoil has pushed up oil prices, and airspace restrictions have increased airlines' operating costs, especially on long-haul routes. Aviation Turbine Fuel (ATF) accounts for around 40 per cent of a carrier's operational expenses.
Against this backdrop, the Federation of Indian Airlines (FIA) has written to the civil aviation ministry, seeking steps to extend the same fuel pricing mechanism uniformly across both domestic and international operations as was done in the past with the establishment of the crack band.
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With an unprecedented rise in jet fuel prices and exorbitant crack/differential between crude and ATF, the federation said the operation of airlines is being challenged in totality.
"... any ad hoc pricing (domestic vs international) and/or irrational increase in the price of ATF will result in unsurmountable losses for airlines and will lead to grounding of aircraft, resulting in cancellation of flights," the federation, which represents Air India, IndiGo and SpiceJet, said.
"In order to survive, sustain and continue operation, we request your urgent intervention for immediate and meaningful financial support to tide over the current situation," it said in a letter on April 26.
Also, the airlines have sought temporary deferment of excise duty on ATF, which is at 11 per cent.
"With the abnormal increase in ATF prices from the pre-crisis period, adding rupee depreciation to the increased prices, the 11 per cent excise duty also increases manifold for the airlines and adds to the ATF price as a big impact on airlines," they said.
Last month, the government limited the hike in ATF price to Rs 15 per litre for domestic operations, but for international operations, the price rose by Rs 73 per litre.
The airlines said the situation has practically made international operations, along with domestic operations, completely unviable and resulted in significant losses for the aviation sector in April.
Seeking urgent intervention on the current ATF ad hoc pricing, FIA said the current situation is creating a severe imbalance in domestic and international operations and rendering airline networks unviable and unsustainable.
"The airline industry in India is under extreme stress and is on the verge of closing down or of stopping its operations."
The federation has pitched for a transparent pricing framework under the crack band mechanism (USD 12–22/BBL) that was implemented in October 2022, saying there was a fair and reasonable margin for Oil Marketing Companies (OMCs).
According to FIA, the country's largest aviation hub Delhi has the second-highest value-added tax (VAT) of 25 per cent on jet fuel, while the highest rate is 29 per cent levied in Tamil Nadu.
"The other major aviation cities, viz. Mumbai, Bangalore, Hyderabad, and Kolkata range between 16 per cent and 20 per cent. These 6 cities cover more than 50 per cent of airlines' operations within India," the federation said.
