You know that a balloon is full of air inside. For this reason, seeing a balloon in a dream signifies empty hope and empty fancy. Again, seeing oneself blow up a balloon that does not inflate is a sign that one will not attain one's hopes and desires.
Seeing oneself ride in a balloon and rise with it, however, also signifies that one's honor and esteem will increase.
Seeing oneself fly a balloon and hold on to it is a sign that one will obtain profit and good from one's work.
Seeing a balloon burst in one's hand signifies that one will be faced with slander.