If a parachute suddenly appeared to help you land safely, perhaps you need to lower your aspirations, thereby escaping from an exciting but ultimately perilous situation.
If you find yourself flying in a hot-air balloon in your dream, do you long to rise above or overcome problems that are tying down your waking life?
Although you may have no sense of direction, flying in a hot-air balloon does allow you to take an overview of the situation, rather than letting your vision become bogged down with petty details.
If you dreamed that you clutched a balloon, let it go and watched it drift skyward wondering where it will go, your unconscious may be commenting on your own lack of direction or focus. On the other hand it may simply imply your desire to coast for a while through life. A dream of flying a kite may suggest that, although your feet are on the ground, you are starting to control your aspirations and direct them to a higher place.
If the kite disappeared from view or snapped from its string, then this may suggest that you have been overambitious and that your vision has lost touch with reality. [1]