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National UFO Reporting Center
Sighting Report
Occurred : 8/7/2003 01:30 (Entered as : 08/07/03 0130)
Reported: 8/7/2003 6:36:21 PM 18:36
Posted: 8/28/2003
Location: Fairbanks, AK
Shape: Circle
Duration:1hour 30 mins
Flickering Star like Object Moving Laterally at about 0130 hrs

The Object was seen at approximately 0130 hrs on the 7th, I did not know my exact orientation as far as direction is concerned it appeared to be near Fairbanks Int'l Airport. My wife spotted it first I looked and at frst glance thought that it may be venus because it was just stting there and it was very bright. Then I noticed it was slowly moving laterally. It seemed to flicker like a quasar but it was too far away for me to get a distinct shape I am in army aviation so I dimissed rotary wing aircraft because the consume too much fuel to just sit it the air for no reason and they have a definite hovering appearance. I am not sure if weather balloons have lights or why they would be that far from the university. And lastly could it have been a hot air balloon? Your guess is as good as mine please reply if you have some idea... I also call fairbanks airport operations and they said they had no idea?