Missing a balloon flight in albuquerque would be like going to paris and not seeing the eiffel towerthe city of albuquerque has the distinction of being the balloon capital of the world because of the beautiful flying conditions being home to over 300 balloon pilots and hosting the largest balloon event anywhere every october for nine days over 800 balloons fill the sky during the albuquerque international balloon fiesta in fact the founder of world balloon sid cutter was also the