Kalshi to Offer Contracts Predicting Flight Cancellations

Dow Jones07-16 09:58
 
 

Kalshi is planning to offer users to trade contracts around flight cancellations--and potentially hedge against their own travel woes.

The contracts will allow users to predict the percentages of flights canceled at an airport within a given timeframe. The prediction-markets platform disclosed the contracts in a Tuesday filing with the Commodity Futures Trading Commission.

Kalshi said in its filing that it plans to use the flight-tracking platform FlightAware to resolve the contracts, with data from the U.S. Department of Transportation as a backup.

A spokesperson for FlightAware's parent company, RTX, said FlightAware is not involved in any prediction markets.

"No company is--or will be--authorized to use the data collected through the FlightAware network for this purpose," the spokesperson said in a statement Wednesday night. "Any customer who uses FlightAware in violation of the terms of use will have their account terminated."

Kalshi didn't immediately respond to a request for comment.

A contract regarding the number of flight cancellations this week bearing the statement "Outcome verified from FlightAware" was still trading as of Wednesday night.

The move to offer flight cancellation contracts follows a turbulent several months for travelers, who had to contend with heavy winter storms early in the year, disruptions from the war in Iran, and the shutdown of Spirit Airlines in early May.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

July 15, 2026 21:58 ET (01:58 GMT)

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