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What You Should Know / November 14, 2009

news.yahoo.com -- WASHINGTON – Transportation Secretary Ray LaHood said Thursday he will create a special panel to come up with a plan to restore health to the ailing airline industry, which is losing billions of dollars, shedding jobs and blamed for using a business model that critics say undermines safety. LaHood, who made his announcement at the end of a daylong forum on the state of the industry, promised that within a year the panel will produce "a roadmap for the future of the aviation industry." LaHood organized the closed-door forum at the behest of airline unions who say the industry has become dysfunctional, with the companies, their investors, their employees and their passengers all suffering.

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