Abstract: A balloon carrousel, or apparatus, useful as a toy, or amusement park facility for the transport of people comprising an aerostat or balloon, provided with an appended basket or gondola, permanently tethered via a rigid rod, or arm, to a stationary platform. The rod is pivotally attached to the balloon and to a rotatable member located on the stationary platform. Motor means are provided to actuate, control and drive the rotatable member on lift of the balloon, transport the balloon through a circular overhead pattern, and then return it to ground position.