Yeah I noticed that too vs CAL, down about 4% now not having rebounded. Similar for most of the others but harder to compare with those LCCs. I suspect more retail trader euphoria here buying on distribution dips (i.e. if institutions were buying the dips then why not the others?).
The price of oil has nothing to do with the price of airlines. Hell, the stocks tracked oil up since the summer, but aa long as analyst keep spinning the #'s when you lose 6 mil a day, long don't have anything to worry about. Just buy, buy buy