The banner has the winged horse Pegasus facing sinister and standing rampant on top of a globe representing the world. Six stars represent the Constellation of Pegasus, and two pillars, topped with celestial and terrestrial globes, represent Masonry universal. The background colour of the banner is maroon, a colour more usually associated with the parachute regiment rather than the Royal Air force. As far as we can tell this is pure coincidence, as the Lodge was consecrated six years before the Parachute Regiment was formed. The emblem of the Paras was designed in 1942 and shows Bellerophon riding Pegasus into battle.
At the time the lodge was formed, much advice and encouragement was forthcoming from our now sister lodges Daedalus, Mercury, and Hermes, and many of their members attended the consecration. These lodges also had strong connections to military aviation, and names from mythology. The name of Pegasus was chosen to continue this theme and emphasise the connection to the Royal Air Force. The members of the day would have been very familiar with the Bristol Pegasus aero engine, and some squadrons had already adopted Pegasus as their badge (for example, 18 squadron which was formed in May 1936, just 4 months before our consecration).
At the time the lodge was formed, much advice and encouragement was forthcoming from our now sister lodges Daedalus, Mercury, and Hermes, and many of their members attended the consecration. These lodges also had strong connections to military aviation, and names from mythology. The name of Pegasus was chosen to continue this theme and emphasise the connection to the Royal Air Force. The members of the day would have been very familiar with the Bristol Pegasus aero engine, and some squadrons had already adopted Pegasus as their badge (for example, 18 squadron which was formed in May 1936, just 4 months before our consecration).