The shares of Southwest Airlines (NYSE: LUV) are again observing a downtrend due to rising benchmark prices and macroeconomic uncertainty triggered by the Russia-Ukraine war. Amid growing fears of slow economic growth due to rising commodity prices, Southwest Airlines is expected to benefit from fuel hedges in the near-term. Passenger numbers at TSA checkpoints breached the 2 million mark in mid-February despite the broader concerns of rising inflation and supply chain disruptions.