Adding an airstone can increase gas exchange by creating surface agitation ,thus increasing the amount of surface exposed to the air as a rippled surface is much greater than a still one. If the tank has low pH and room air has normal atmospheric levels of CO2 or less the extra gas exchange would help move CO2 out of the water more quickly. Likewise if the room air is high in CO2 relative to the tank water it could increase CO2 levels in the tank dropping pH.
An airstone also can accelerate oxygen exchange in the same way but that would not effect the pH .
The only way it would affect alkainity as far as I know is via precipitation of calcium carbonate which can occur with or without calcifying organisms . Often it occurs on the gfo itself or on heaters or pumps . This precipitation would reduce the carbonate /bicarbonate ratio ,lowering alkalinty which if it was significant enough could lower pH . If the product in use brought in some residual acid from the manufacturing process it would add H+ lowering pH,though I've never seen a report on that. What gfo are you using?