Marvel at Albuquerque's blue skies from up close. Find a hot air balloon ride company to take you on an unforgettable journey. Albuquerque, the hot air ballooning capital of the world, offers superb conditions for balloon flights year-round. Or ride the 2.7-mile Sandia Peak Aerial Tramway gently over canyons and lush forested mountains. The tramway takes you all the way up to the 10,378- foot Sandia Peak, for phenomenal views of the city.