shares of jetblue airways corp jblu declined 11 in premarket trading tuesday after the air carrier reported a narrowerthanexpected loss and revenue that more than doubled to match forecasts but said it planned to reduce capacity growth further to help restore operational reliability the net loss widened to 255 million or 79 cents a share from 247 million or 78 cents a share in the yearago period excluding nonrecurring items the adjusted pershare loss of 80 cents beat the factset loss consensus of 85 cents revenue soared 1370 to 174 billion in line with the factset consensus load factor rose to 710 from 639 as traffic growth of 881 outpaced capacity growth of 692 to help restore our operational reliability we are reducing our capacity growth further as we plan more conservatively for the summer and make investments to derisk the operation said chief executive robin hayes for 2022 the company plans to grow capacity between 0 and 5 compared with 2019 levels the stock has dropped 83 year to date through monday while the us global jets etf jets has gained 55 and the sp 500 spx has declined 99