Modern Day
Modern hot air balloons, with a more sophisticated onboard heat source than the Montgoflier brothers' basket of hot coals, were pioneered by Ed Yost beginning in the 1950s which resulted in his first successful flight on October 22, 1960. The first modern day hot air balloon to be built in the United Kingdom (UK) was the Bristol Belle in 1967. Today, hot air balloons are used primarily for recreation, and there are some 7,500 hot air balloons operating in the United States.
The first tethered balloon in modern times was made in France at Chantilly Castle in 1994 by Aérophile SA.
Read more about this topic: History Of Ballooning
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