Why Hot Air Balloons Are So Expensive
Business Insider India Business Insider India
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 Published On Jan 22, 2024

Hot-air balloons have been around for centuries. They're certified aircraft for those looking to take the slow and scenic route, but owning one can set you back considerably — 30,000 euros for a smaller balloon, and 150,000 euros for a larger one.

At Ultramagic Balloons, half the cost is attributed to the balloon itself, known as the envelope. It can take two months to complete a safe, quality envelope. And that's just the tip of the quality-control iceberg.

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