FlightAware sues Kalshi over flight-cancellation markets

Reuters

Tue, August 11, 2026 astatine 2:04 AM CDT 2 min read

Aug 11 (Reuters) - Flight-tracking work FlightAware is suing prediction markets elephantine Kalshi accusing the institution of utilizing its information and sanction ‌to tally "gambling markets connected formation cancellations" without permission.

• In July, ‌Kalshi announced markets allowing customers to stake connected flight-cancellation risk. The plans drew disapproval implicit concerns ​that the markets could make fiscal incentives for radical to disrupt aerial question oregon origin airdrome closures.

• FlightAware said Kalshi had named it arsenic the superior root bureau for the markets' settlement, but that it had not authorized ‌Kalshi to usage its ⁠name, information oregon trademarks for that purpose.

• Kalshi's unauthorized usage of FlightAware's information and sanction meant customers assumed FlightAware ⁠was progressive successful the scheme, lawyers for the flight-tracking institution wrote successful the ailment filed successful the U.S. District Court for the Southern District of New ​York connected ​Monday.

• Kalshi did not instantly respond ​to a Reuters' petition for ‌comment extracurricular of concern hours.

• The "US formation cancellations for the week ending astatine 5pm EDT connected 8/14" declaration was disposable connected Kalshi's website astatine the clip of reporting, Reuters' checks showed. The listing stated: "Outcome verified from FlightAware."

• Prediction markets specified arsenic Kalshi and Polymarket person soared successful popularity ‌since the 2024 U.S. statesmanlike election, erstwhile ​they fared amended than pollsters successful predicting Republican ​Donald Trump's triumph implicit ​Democrat Kamala Harris.

• Polymarket and Kalshi let traders and gamblers ‌to stake connected a wide array ​of events, ranging ​from the results of sports matches to elections and adjacent connected events related to the wars successful Iran and Ukraine.

• FlightAware is ​seeking unspecified damages, arsenic ‌well arsenic tribunal orders barring Kalshi from utilizing its information and ​name. It besides seeks a assemblage trial.

(Reporting by Preetika Parashuraman ​in Bengaluru; Editing by Lincoln Feast.)