Phase 5 is the middle stage of the three red phases in Balloon Fight.
There are six floating platforms, each holding a Balloon Bird. The top platform is flat, and holds one yellow Balloon Bird. There are three spike-like platforms placed halfway up the stage, and each holds a green Balloon Bird. Floating low over the water there are also two small, flat platforms and each have a pink Balloon Bird on top of them. This phase also gas two Clouds, one to the left of the highest platform, and another above and between the right and the center spike-like platforms halfway up the screen.
- After Phase 12, this phase will be repeated. In later rounds, this will appear as Phases 14, 23, 32, 41, 50, 59, 68, 77, 86, 95, A4, B3, C2, D1, E0, E9, F8, G7, H6, I5, J4, K3, L2, M1, N0, N9, O8, and so on.
- This stage has a slight oversight in it, as the middle spike-shaped platform has its collision area extended to the right slightly too far, allowing for the player and the enemies to land seemingly on top of nothing. This is made possible because each stage's collision is stored separately from the actual stage graphics data. It is possible that the middle platform may have been larger at some time, though the collision was not changed to match, but this can't be confirmed.
- In Tingle's Balloon Fight DS, the yellow Balloon Bird is replaced with a pink Balloon Bird.
|Common||Balloon Trip - Bonus Stage|
|Vs. Balloon Fight||Green||Orange||Turquoise||Blue||Yellow|
|1 - 2 - 3||4 - 5 - 6||7 - 8 - 9||10 - 11 - 12||13 - 14 - 15|
|16 - 17 - 18||19 - 20 - 21||22 - 23 - 24||25 - 26 - 27||28 - 29 - 30|
|1 - 2 - 3||4 - 5 - 6||7 - 8 - 9||10 - 11 - 12|
|Game & Watch||Phase 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12 - 13 - 14 - 15 - 16|
|Balloon Kid/Balloon Fight GB||Vs. Stage - Pencilvania - Forest - Sea A - Whale - Sea B - Northern Sea - Cave - Secret Base|
|Balloon Trip Breeze||Morning||Day 1||Day 2||Day 3||Day 4||Day 5||Day 6||Day 7|
|Afternoon||Day 1||Day 2||Day 3||Day 4||Day 5||Day 6|
|Evening||Day 1||Day 2||Day 3||Day 4||Day 5||Day 6|
|Night||Day 1||Day 2||Day 3||Day 4||Day 5||Day 6|