The balloon itself, necessary equipment, and fuel are factors that affect hot air balloon prices. Hot air balloons vary significantly in price, depending on size. Balloon pilots also need fuel for each flight, which varies in amount depending on how long the balloon will be in the air. In addition to all this, hot air balloon enthusiasts cannot fly without a license, the price of which depends on the type of license needed.
Like car prices, hot air balloon prices vary depending on the size and make of the balloon. They typically cost as much if not more than a car, plus they need insurance. Generally, insurance must be kept on the balloon whether or not it is being flown, though the exact laws differ depending on the region. If hot air ballooning is a popular hobby in the pilot’s country, he or she may be able to find a used balloon for much less money than a new one. Used hot air balloons are usually recommended for new pilots because they are likely to damage a balloon in their first trips.
Hot air balloon prices include more than the price of a hot air balloon, though. Pilots need an inflation fan to get the balloon in the air, plus burners and a basket. Some of these items are included in the purchase of a balloon, also known as an envelope, while others must be purchased separately. The exact items sold separately largely depends on the seller. For example, if a hot air balloon pilot is buying from a private seller, he or she might get all items needed to fly a balloon.
Fuel is a must-have when hot air ballooning, and it can greatly affect hot air balloon prices. Hot air balloon fuel is usually calculated by hour in the air. The price of fuel in the area can cause hot air balloon rides to be double the average international price.
All hot air balloon pilots need a license, and must choose between private or private and commercial. Private licenses grant the pilot the ability to fly him or herself around in the balloon, without the presence of other people. Commercial licenses allow the pilot to have other people on the balloon, but they are usually much more expensive than private license. The biggest balloons hold more than a dozen people, so getting a commercial license can significantly change a person’s hot air ballooning experience. To get a commercial license, a hot air balloon pilot must first purchase and train for a private license.