Hong Kong Airlines must improve financial position or risk losing licence - government
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(Reuters) - Hong Kong Airlines, controlled by cash-strapped Chinese conglomerate HNA Group, must shore up its financial position by Dec. 7 or it risks the suspension or loss of its licence, the Hong Kong government said on Monday. Hong Kong's Transport and Housing Board (THB) said it met with the city's second-largest airline on Nov. 27 and expressed "grave dissatisfaction and deep concern" that the carrier's financial position had not improved. THB on Monday attached new conditions to the..