We present the results of an experimental study of a large-diameter bubble column operating in batch mode with air or CO2 as the gas phase and water as the liquid phase. The bubble column has an inner diameter of 0.24 m and is 5.3 m in height. The superficial gas velocity varied between 0.0037 m/s and 0.0233 m/s. The experimental investigation consists of gas holdup measurements and image analysis. Flow regime transitions were detected by gas holdup measurements, and image analysis was used to investigate the bubble size distributions. The results suggest that the homogeneous flow regime is stabilized when CO2 is used as the gas phase. The gas holdup is higher for the CO2-water system at fixed superficial gas velocity, especially in the heterogeneous flow regime. In the homogeneous flow regime, the mean bubble diameter and the fraction of large bubbles are lower for the CO2-water system, explaining the higher gas holdup.