Yes it is, but as long as the fermentation kicks in quickly it should not be an issue. If you want to avoid contact with oxygen, I would recommend putting a layer of argon on top till it starts and the CO2 can do its thing. Is the concern around color?
As you are starting fermentation, a bit of O2 is important for the yeast. There should be plenty dissolved in the must, but some (limited) exposure, in my experience should be OK. That being said, I usually do reds and whites are much more sensitive.