Let put it this way, the fuel cost rise because the demand is high, demand is high because border has been re-opened soon and people eager to fly, that's also means airlines company is selling more tickets and the business is good. So why is it a bad thing? Does market hope for fuel price is low due to supply over demand? That suppose to prop the stock price?

Btw, minimum wages is increasing, money is printing, people are now asking for 4th stimulus check, child tax credit, strike all over country asking for higher pay and benefits, the government keep pouring money into the economy - remember 3.5 trillions spending plan? All commodity cost is inflated and you expect oil to stay low? Once people realize oil price hike is inevitable, all airlines stock will roaring back. $UAL $AAL $ DAL$American Airlines(AAL)$