If a foreign airline fails to submit application for extension after business license gets matured, Civil Aviation Administration shall revoke its business license.

外航在经营许可有效期满后未提出延续申请的，民航局注销其经营许可。

youdao

More recently, Chavez had taken steps to revoke the license of the last opposition TV network in the country.

CNN: Making the poor count -- a Hugo Chavez legacy

The state of California sought to revoke his license in 2003, alleging that in several cases he misdiagnosed patients as having toxic poisoning.

FORBES: Magazine Article

Last week, Benjamin Lawsky, the superintendent of the DFS threatened to revoke a banking license that would prevent Standard Chartered from doing business in New York.

FORBES: Did Standard Chartered Get Off Easy? How A $250 Billion Allegation Turned Into A Measly $340 Million Settlement