IATA 2024 with Shane Tackett CFO of Alaska Airlines
IATA 2024 with Shane Tackett CFO of Alaska Airlines.
Chief Financial Officer & Executive Vice President of Finance, Alaska Air
Search every verified Shane Tackett interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Shane Tackett, Chief Financial Officer and Executive Vice President of Finance at Alaska Air, spoke at the 2024 IATA Annual General Meeting about the airline’s approach to artificial intelligence and operational challenges. Tackett said that Alaska Air benefits from being headquartered in the Pacific Northwest, near “the five most valuable companies by market cap on Earth” that are engaged in technology and AI. He noted that a Microsoft executive sits on Alaska Air’s board and has provided advice on how to begin using AI, and that the airline has sought partnerships with technology companies that can scale the technology and provide infrastructure that Alaska Air could not develop on its own. Tackett described the airline industry as inherently unpredictable, with daily disruptions from weather, maintenance, or employee availability. He stated that improving “operational resiliency” would benefit customers by helping flights arrive on time and would also improve the airline’s cost environment by requiring fewer assets. He expressed hope that AI could be applied to airspace management, noting that time is “ultimately what we’re selling to people” and that reducing trip time would benefit the company, guests, the industry, and the environment. He added that fuel is the airline’s largest input cost and that optimizing airspace and ramp operations could reduce fuel consumption.
“We're lucky uh being in the Northwest part of the United States off the West Coast we uh have as neighbors the five most valuable companies by market cap on Earth and all of them are engaged in technology and AI.”
“We've got a Microsoft executive on our board and so we got a lot of advice and insight about how to get started on this journey from you know F that we have good relationships with local to to where we happen to be headquartered.”
“We really were able to think about both the need to partner with technology companies who know this technology really well who can scale it who have the infrastructure to be able to do it in a way that we probably couldn't and to get ideas about the most likely use cases that might show results earlier rather than late...”
“Airlines as you know are complex they're inherently best laid plans never work every single day something that we didn't plan for happens whether it's weather that we couldn't plan for or an aircraft needs us to go and do something from a maintenance perspective or an employee can't make it to work so we're always havi...”
IATA 2024 with Shane Tackett CFO of Alaska Airlines.
Shane Tackett, EVP Finance & CFO, Alaska Airlines interviewed at the 80th IATA Annual General Meeting (AGM) and World Air ...
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