The legacy carrier is on a good run, and shareholders were hoping strong third-quarter results can help it shake off last week's Delta disappointment.

The Dow Jones U.S. Airlines Index (DJUSAR) and the U.S. Global Jets ETF (NYSEARCA:JETS) both hit new highs in early trading on Wednesday after United Airlines (NASDAQ:UAL) topped expectations with its Q3 earnings report and announced a new $1.

United Airlines was the best-performing stock in the S&P 500 on Wednesday after the carrier's executives said the airline industry had reached a long-awaited "inflection point," supporting the company's rosy business outlook.

United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday, after third-quarter earnings topped Wall Street expectations on improved pricing power. In a sign of growing confidence in its business,

United Airlines stock is still very attractively priced headed into earnings next week. Check out why UAL is preferred over Delta post-IT outage.

United Airlines (UAL) stock is trading at more than four-year highs, and seeing tons of analyst and options activity after earnings

United Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street estimates in the third quarter on improved pricing power.