Trump dodged a disaster from the bond market, but the damage isn’t over yet

The airline is in the middle of a plan to reduce costs by culling unprofitable routes and drumming up revenue with higher-priced seats.

CATL is also listed on the Shenzhen stock exchange, boasting a market cap of $150.5 billion. The battery giant supplies big automakers like Tesla.

The company made the announcement at an energy and artificial intelligence conference attended by President Donald Trump on Tuesday.