Despite the title, the vehicles here are airplanes, not balloons. Bluto and Popeye are racing around the world; Bluto's got a sort of rocket plane, and Popeye's got a sad old prop model that has to be hand-started. He gets off to a bad start, as Bluto spins the prop, getting Popeye tangled up in it. This knocks him out; Olive puts him into his plane and gives him a push, and Popeye wakes up in the nick of time. Bluto stops off at the Eiffel Tower to woo a maiden; Popeye, with help from a lightning bolt, passes him. Bluto catches up again, and removes Popeye's engine. The plane crashes into the ocean, but fortunately, there's a case of spinach and a giant magnet nearby, so Popeye rebuilds the plane, using spinach cans to replace the missing pistons, and wins the race, as his spinach exhaust fries Bluto's plane.

Casper struggles to find friends who won't run away scared when they meet him.

The story of Leprechauns who make shoes for the poor. When the youngest reaches manhood, he insists on making the delivery. However, a local crook makes plans to catch him so he'll lead him to their crock of gold.

Popeye arrives in a suit of armor to take Olive for her first driving lesson. Between her literal-mindedness ("choke the engine"), inexperience, an inattentiveness, she has several accidents, culminating in a showdown with a locomotive.

Set in a nightclub in Sugarland---not the one in Texas---the bon-bons, lollipops, taffy and other sweet-and-sticky citizens perform in a musical show. The grand finale features the Sugar Lump Orchestra playing "Ain't She Sweet" while the bouncing-ball leads the theatre audience in a sing-along.

Toys in a toy store come to life at night, and perform in a toy parade before the Doll Princess, all of which leads to the "Screen Song" sing-a-long, "Oh, You Beautiful Doll".

A song-filled Noveltoon featuring the antics of the Irish Leprechauns during their annual gold-washing ceremony. It depicts the wee people of Ireland who flavor its traditions with laughs and legend.

Popeye and Olive are at the premiere of Popeye's new movie. He gets a little too wrapped up in the movie, interacting with it at various points, and even handing the screen version of himself a can of spinach. The movie itself is the story of Aladdin, minus the songs and about half the footage of the short it's cut from.

Lulu goes to a department store to exchange her doll for something else. While looking for a new item Lulu manages to terrorize the section manager, ski down the escalators, and cause a noahic flood in the store.

The housekeeper does her best to get nourishing food into Little Audrey, but the only thing Audrey wants is candy. And she wants lots of it. The housekeeper banishes Audrey to her room, but the cunning girl has sweets hidden in bags that hang outside her bedroom window. The angry servant finds every last piece of candy in the room and takes it away. Soon, Audrey has candy withdrawal and even gets the sweet-tooth version of delirium tremens. A nightmare sends her to a Candy Horror Land where evil candy canes and sinister licorice drops force-feed her all the candy she doesn't want.

Herman the mouse attempts to break up the smarmy friendship between the cat and dog of the house in order to raid the icebox.

Popeye is being honored for his 20 years of films, in a dinner hosted by 'Bob Hope' (several other celebrities are present, like Jimmy Durante, Bing Crosby, 'Jerry Lewis' and 'Dean Martin').

Herman, the city-slicker mouse (looking like a cross between James Cagney and Lee Tracy) visits his barn-mice cousins in the country.

Popeye and Olive board a run-down ship, which turns out to be haunted.

At the Polar Bar & Grill in the Klondike, Popeye and Olive Oyl are the sole proprietors. Dangerous Dan McBluto, the owner of a fur farm, walks in and kidnaps Olive.

Bluto muscles out Popeye to take Olive to the fair. Popeye rushes ahead and poses as a fortune teller, luring Olive in. He shows Olive her future (actually, her past) in the crystal ball.

In Judge Wimpy's courtroom, Bluto accuses Popeye of assault and battery; he claims to have been attacked by him on several occasions, without provocation. Popeye then tells his side.

Olive is so captived by "The International", a radio personality with a French accent, that she'd rather stay home than go out on a date with Popeye. Bluto, overhearing this, comes to the door as the character.

Popeye and Bluto are taxi drivers; they are, of course, competing for fares - and Olive, in particular.

Popeye and Bluto are, believe it or not, pals and partners in a moving company. (Maybe it's because Popeye isn't squinting here.) Anyhow, Olive has made the mistake of hiring them. She hasn't finished packing yet, so the boys, smitten as soon as she answers the door, compete to help her. Once packed, they compete to move more impressive piles of her belongings. Popeye easily wins these contests, even though Bluto locks him in the van at one point. At the end, Bluto socks Popeye into the piano, then into a table; though he hardly seems to need it, Popeye still eats his spinach, then thrashes Bluto.