Bloomberg Hong Kong Airlines Ltd., the city’s only other competitor to Cathay Pacific Airways Ltd., is fighting for survival just as the busy Christmas season approaches. The Air Transport Licensing Authority told the carrier that its finances had deteriorated so much that it needs to raise more cash or risk losing its license. The regulator will make a decision by …

Bloomberg Ryanair Holdings Plc cut its traffic outlook by 1 million passengers and said it will close two bases next summer as the grounding of Boeing Co.’s 737 Max jetliner further frustrates expansion plans. Europe’s biggest low-cost airline now expects to attract 156 million customers next fiscal year, based on it getting 10 Max aircraft for summer 2020, or half …

Bloomberg South Africa’s two biggest mobile-phone companies have for years been under pressure to lower data prices for their poorest customers, and the country’s antitrust regulator is running out of patience. Vodacom Group Ltd. and MTN Group Ltd. must agree to reduce tariffs by a further 30% to 50% within two months or face sanctions for being too dominant, the …