Airline stocks are experiencing a downturn as a result of persistently high fuel costs. Investors are increasingly worried about the impact of these costs on airline profitability, leading to a sell-off of airline shares.

Several major airlines have seen their stock prices decline in recent trading sessions. Analysts suggest that if fuel prices remain elevated, further declines in airline stock values are possible. The industry faces challenges in passing on these increased costs to consumers through higher ticket prices due to intense competition.