Even with an airlock on, the Ideal Gas Law applies, and if there was headspace in the carboy- oxidation is likely.
I know people who aren't scientists talk about the 'co2 blanket' that magically covers the beer- but it is a myth. The laws of physics still apply. Long term in a carboy is fine- but it must have 0 headspace and even then small amounts of oxidation occur. Oxygen even comes through the water (or other liquid) in the airlock, and the airlocks themselves allow air in, as do the bungs. Read the results of this study, geared towards Better Bottles, but this part is about the bungs/closures and oxygen uptake: http://www.mocon.com/pdf/optech/Closures - Oxygen Passage Study.pdf
Winemakers do age long term in a carboy, but they use antioxidants at racking, as well as employ techniques like 0 headspace in carboys.
Huh, who'd of thunk?
Very interesting data!