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FlightAware sues Kalshi over bets on flight cancellations
['Stephen Pope']
AeroTime
The lawsuit, filed in US District Court for the Southern District of New York, alleges Kalshi used FlightAware data in prediction markets that allow users to wager money on how many flights will be canceled in a given period of time. RTX, FlightAware’s parent company, said at the time that FlightAware was not involved with any prediction markets and that no company was authorized to use data collected through its network for that purpose. Kalshi initially paused plans for the flight-cancellation contracts following the objections, but later offered cancellation markets using FlightAware information, according to the lawsuit and published reports.