The Australian Transport Safety Bureau reviewed 79 hot air balloon incidents from 2014–2022 and found the per‑flight rate of serious incidents and accidents was about ten times higher than for helicopters or small charter planes, though no fatalities occurred during the study period. Wind and the landing phase were the main risk factors, while assessment and planning issues also contributed. The ATSB urges improved weather use, threat‑and‑error management, and recommends operators adopt Safety Management Systems to better control risks.
ATSB Study: Hot Air Balloons About 10× Riskier Per Flight Than Helicopters or Small Planes

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