Pg fantasy movie with hot air balloon shaped like head

The evil Queen Bavmorda hunts the newborn princess Elora Danan, a child prophesied to bring about her downfall. When the royal infant is found by Willow, a timid farmer and aspiring sorcerer, he's entrusted with delivering her from evil.

Many years after the events of the original film, legendary sorcerer Willow leads a group of misfit heroes on a dangerous rescue mission through a world beyond their wildest imaginations.