Abstract: Flight delay is a public problem in civil aviation industry, and resolving the disputes arising from flight delay has been beyond the control of airlines. To solve the problem, it needs the government and the private sector to work together. In this paper, by analyzing the theory of public issues, we proposed to set sectoral governance institutions of flight delays and introduce the third-party governance corporation of flight delays. As complementary measures of the proposed ideas, we also designed the process and mechanism of economic compensation reserve fund of flight delays.