A hot air balloon is a lighter-than-air aircraft consisting of a bag, called an envelope, which contains heated air. Suspended beneath is a gondola or wicker basket, which carries passengers and a source of heat, in most cases an open flame caused by burning liquid propane. The heated air inside the envelope makes it buoyant, since it has a lower density than the colder air outside the envelope. As with all aircraft, hot air balloons cannot fly beyond the atmosphere. The envelope does not have to be sealed at the bottom, since the air inside the envelope is at about the same pressure as the surrounding air. In modern sport balloons the envelope is generally made from nylon fabric, and the inlet of the balloon is made from a fire-resistant material such as Nomex. Modern balloons have been made in many shapes, such as rocket ships and the shapes of various commercial products, though the traditional shape is used for most non-commercial and many commercial applications.

A lifting gas or lighter-than-air gas is a gas that has a density lower than normal atmospheric gases and rises above them as a result. It is required for aerostats to create buoyancy, particularly in lighter-than-air aircraft, which include free balloons, moored balloons, and airships. Only certain lighter than air gases are suitable as lifting gases. Dry air has a density of about 1.29 g/L at standard conditions for temperature and pressure (STP) and an average molecular mass of 28.97 g/mol, and so lighter-than-air gases have a density lower than this.