ExxonMobil announced as title sponsor for the 2025 Albuquerque International Balloon Fiesta
Balloons take flight during the Albuquerque International Balloon Fiesta in October 2023.
The Albuquerque International Balloon Fiesta announced today that ExxonMobil will be the event’s title sponsor beginning in 2025 and continuing through 2029.
The event will be named the ExxonMobil Albuquerque International Balloon Fiesta, according to a Balloon Fiesta news release.
"We are proud to have a sponsor and partner in ExxonMobil," said Judith Nakamura, president of the Balloon Fiesta board of directors, in a statement. "After years of working together, we are excited to collaborate with ExxonMobil to continue Balloon Fiesta’s mission to support the sport of ballooning, the city of Albuquerque, and the state of New Mexico nationally and internationally. This multi-year partnership will help showcase the magic of Balloon Fiesta and the wonders of New Mexico."
The Albuquerque International Balloon Fiesta generates more than $200 million for New Mexico’s economy and brings hundreds of thousands of visitors to the state each year, according to the news release. The 52nd event is scheduled to launch Oct. 5 through Oct. 13 from Balloon Fiesta Park.
"We’re thrilled to expand our sponsorship for an event that means so much to the Albuquerque community, the state and to our employees," said Bart Cahir, senior vice president of ExxonMobil Upstream Unconventional, in a statement. "Balloon Fiesta is a unique economic driver that proudly showcases New Mexico’s rich cultural heritage, and we are proud of the role ExxonMobil plays in bringing the event to life."
The Albuquerque International Balloon Fiesta, powered by ExxonMobil, is a festival of hot air balloons that takes place the beginning of October in Albuquerque. It is the largest gathering of balloons and balloonists in the world, according to the news release. More information on the festival is available at balloonfiesta.com.
ExxonMobil is one of the largest publicly-traded international energy and petrochemical companies that creates solutions to improve quality of life and meet society’s evolving needs, according to the news release. The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants and lower emissions technologies.
ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world.