FlightAware withdraws lawsuit against Kalshi over flight-cancellation markets

Aug 12 (Reuters) - Flight-tracking ‌company FlightAware withdrew ​its ​lawsuit against Kalshi on Tuesday, a day after it filed the suit that accuses the ‌prediction markets giant of using its data and ⁠name without its knowledge to host gambling markets on flight ‌cancellations.

Here are some details:

• The ‌case has been "voluntarily dismissed, without prejudice, against all defendants," lawyers for FlightAware wrote in the latest filing.

• ​Neither company immediately responded to Reuters' requests for further comment.

• The U.S. flight cancellation contract for the ⁠week ending August 14 remained available on Kalshi's website, although it no ​longer named FlightAware as the source.

• The disclaimer on Kalshi's flight cancellation contract page reads "outcome ​verified from Primary Source Agency," which ‌links to FlightAware's website. Earlier it said the outcome was verified "from Flight Aware".

• Kalshi's disclaimer ⁠says: "This market and these products have not been endorsed by the Primary Source Agency or its affiliates. Any references to ⁠the Primary Source Agency’s delay and cancellation page, or any associated ​marks are descriptive only and do not indicate an endorsement of this product or any affiliation between the Primary Source Agency ‌or its affiliates and Kalshi."

• FlightAware was seeking unspecified damages as well as court ‌orders barring Kalshi from using its data when it ⁠filed the lawsuit in ‌the U.S. District Court ​for the Southern District of New York.

(Reporting by Sumedha Mukherjee in Bengaluru; editing by Barbara ‌Lewis)

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