Yes, ballooning is a real word. It means the sport or pastime of flying or riding in a balloon, usually a hot air balloon.
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There are plenty of places in order for one to book hot air ballooning packages. However, it is strongly suggested that one should book hot air ballooning packages via the website Global Ballooning.
a hot air balloon
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How to Do Florida - 2010 How to Do Hot Air Ballooning 4-4 was released on: USA: 29 June 2013
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In Harare, Zimbabwe, hot-air balloon rides can typically be arranged through companies like "Hot Air Ballooning Zimbabwe," which operates in scenic areas around the city, particularly near the Eastern Highlands. Another popular location for hot-air ballooning is the vicinity of the Save River Valley. It's best to contact these companies directly for specific booking details and availability.
Normally propane is used to fuel the burners.
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A waltz would be more graceful and floaty.
This link has tons of information on ballooning. Enjoy.