FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off
The flight-tracking company voluntarily dismissed, without prejudice and without sharing a motive for its decision. However, the flight cancellation market never took off with Kalshi users.
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Summary
- FlightAware abruptly withdrew, without prejudice, its one-day-old lawsuit accusing prediction market Kalshi of misusing its flight data and trademark to power flight-cancellation bets.
- The dismissal leaves open the possibility of refiling and comes amid social media backlash over alleged incentives for malicious flight disruptions and relatively low retail interest in Kalshi’s aviation contracts.
- The case, which neither company has publicly commented on, had raised a novel question over whether prediction markets can rely on third-party data and trademarks without a commercial agreement, even as Kalshi faces separate regulatory and legal challenges in multiple states.
