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• 'Never Say Never' on Bag Fees: Southwest CEO

  

  Southwest Airlines could change its policy of not charging baggage fees at some point, CEO Gary Kelly said on CNBC.

• Ametek's 4Q net income rises 18 percent

  BERWYN, Pa.-- Ametek's fourth-quarter net income jumped 18 percent on strong demand from energy and aerospace companies for its electronic instruments. Ametek earned $119.9 million, or 49 cents per share, in the three months that ended Dec. 31. Ametek CEO Frank Hermance said that he expects solid growth in 2013..

• AMR says judge OKs new aircraft purchases

  DALLAS-- A federal bankruptcy judge approved a request for permission to buy new, fuel-efficient Boeing and Airbus planes for American Airlines, its parent company said Wednesday. AMR Corp. said that it would allow American to sign contracts with aircraft and engine manufacturers to make its fleet the youngest among top U.S. airlines by 2017..

• UPDATE 3-Charge, gov't spending cuts hammer General Dynamics results

  *Non-cash charge of $2 billion in IT business. WASHINGTON, Jan 23- General Dynamics Corp reported a $2.1 billion loss and lower-than-expected revenue for the 2012 fourth quarter as one-time charges and shrinking government orders hammered results at the weapons and aircraft maker.

• UPDATE 2-Charge, gov't spending cuts hammer Gen Dynamics results

  *Adjusted EPS for Q4 was $1.39, down from $1.68 year-earlier. WASHINGTON, Jan 23- Weapons and aircraft maker General Dynamics Corp reported a loss from continuing operations and lower-than-expected revenue in the fourth quarter of 2012, as declining demand and shrinking government orders hammered the company's results.

• UPDATE 1-Charge, drop in gov't spending hammer Gen Dynamics results

  WASHINGTON, Jan 23- Weapons and aircraft maker General Dynamics Corp reported a loss from continuing operations and lower-than-expected revenue in the fourth quarter of 2012, as declining demand and shrinking government orders hammered the company's results.

• Eaton Corp collaborating on probe into Dreamliner fuel leak

  LONDON, Jan 23- U.S. industrial manufacturer Eaton Corp is helping with the investigation into the cause of a fuel leak blamed for a fire on one of Boeing's 787 Dreamliners.

• Large Restructuring Charge Dents United Tech Earnings

  

  United Technologies reported earnings Wednesday that topped expectations, but profit declined amid large restructuring charges that saw the company close its largest-ever acquisition and sell several small units.

• Into deep space: 2nd U.S. firm takes aim at mining asteroids

  *Deep Space Industries plans in-orbit manufacturing. Deep Space Industries, based in Santa Monica, California, said its inaugural mission is targeted for 2015, when it would send a small hitchhiker spacecraft called "Firefly" on a six-month expedition to survey an as-yet-unidentified asteroid.

• Why Defense Stocks Are Doing Well, Despite Earnings Expectations

  

  Defense shares have continued to be positive going into earnings season (Boeing aside due to 787 problems), even though most analysts believe earnings will be lower than a year ago.

• Boeing Turbulence: Fix In Sight? 

  

  CNBC's Phil LeBeau says Boeing has experienced PR trouble before in regards to the Dreamliner, and is extremely focused on getting it resolved; and Cai Von-Rumohr, Cowen & Co. and Michael Lewis, The Silverline Group.

• Potential Cost of Boeing's Nightmare 

  

  CNBC's Phil LeBeau and Neal Dihora, Morningstar equity analyst, discuss the impact the FAA investigation into Boeing's 787 Dreamliner is having on its stock.

• EADS faces independence test in sweeping board changes

  PARIS, Jan 22- In theory, a new ownership structure means European planemaker EADS is no longer controlled by Paris and Berlin, free to pick the very best person in the world for the vacant job of board chairman.

• Ireland defends aircraft leasing crown as Asia rises

  *Half the world's leased aircraft are managed from Ireland. *Ireland aims to develop aircraft maintenance hub.

• UPDATE 1-Snow forces Heathrow and Paris airports to drop flights

  LONDON, Jan 20- London's Heathrow Airport cancelled a fifth of flights and airlines scrapped 40 percent of flights to Paris's main airports as snow continued to blanket parts of Europe, with more forecast.

• Boeing Closer to an Answer, Not to Getting Back in Air

  

  It is possible that the Dreamliner’s batteries were overcharged, but to lift a grounding order, Boeing must demonstrate that it can prevent similar episodes from happening.

• 'We Want to Be 1,000% Sure It's Safe:' LaHood on Boeing 787

  Transportation Secretary, Ray LaHood is making it clear the Federal Aviation Administration will not rush to lift the grounding of Boeing 787 Dreamliners.

• UPDATE 1-Boeing, Sikorsky team up for new US military helicopter

  *Army project to lay groundwork for bigger Pentagon program. WASHINGTON, Jan 18- Boeing Co and Sikorsky Aircraft, a unit of United Technologies Corp, said they were teaming up to develop a next-generation multi-role helicopter for the U.S. military.

• Boeing, Sikorsky team for next US military helicopter-sources

  WASHINGTON, Jan 18- Boeing Co and Sikorsky Aircraft, a unit of United Technologies Corp, have reached a strategic teaming agreement to develop a next-generation multi-role helicopter for the U.S. military, according to sources briefed on the matter.

• UPDATE 1-Rockwell Collins posts higher quarterly profit

  Jan 18- Rockwell Collins Inc, a supplier of avionics and other electronic systems for commercial and military airplanes, reported higher quarterly profit on Friday, aided by share buybacks and cost controls. Net income came to $132 million, or 94 cents a share, in the fiscal first quarter ended Dec. 31, compared with $130 million, or 86 cents a share, a year earlier.