Now Obama Wants to 'Fix' the Airline Industry

WASHINGTON – The Obama administration is taking its first step toward trying to fix the ailing airline industry, mired in a severe economic slump and facing safety worries.

Transportation Secretary Ray LaHood is holding a forum Thursday to discuss the state of the industry and ways government can help provide economic stability for air carriers. The industry has been rocked by repeated crises in recent years, including the 9/11 terror attacks, the SARS virus and the current economic downturn.

"U.S. aviation is facing severe economic uncertainty and an open and frank conversation will help begin a continuing dialogue about the industry's future," transportation spokeswoman Sasha Johnson said.