The Squadron was first formed in 1919 at RAF Kalafrana in Malta. It provided aerial support for the Mediterranean Fleet, remaining there long after most other flights, disbanding on 1 August 1923.
On 19 August 1940, 267 Squadron reformed from the Communications Unit, Heliopolis, for local
transport duties in Egypt.
It used a variety of types for transporting passengers, mail
and freight between Egypt and outlying bases. Larger aircraft were acquired by the end of
1941 and by August 1942, operations extended throughout the Mediterranean area and its role
included the movement of personnel and equipment, casualty evacuation and occasional
supply-dropping missions to guerilla bands in Italy and the Balkans.
In November 1943,
No.267 moved to Italy and in February 1945 was transferred to India, where it carried
supplies during the 14th Army's final offensive that cleared Burma of the Japanese.
After a period of general transport duties, the squadron disbanded on 30 June 1946,
though it continued operations until 21 July.
On 15 February 1954, 267 Squadron reformed at Kuala Lumpur as a transport support and communications squadron in Malaya. It flew Pioneers, Pembrokes and Dakotas equipped with loudspeakers until renumbered 209 Squadron on 1 November 1958. On 1 November 1962, it reformed at Benson with Argosies for transport duties in No.38 Group disbanding on 30 June 1970.
Sine Mora - "Without Delay"
The squadrons badge was the Pegasus - the winged horse.
The Pegasus comes from Greek mythololgy and for those of us not up on mythology (like me) the story of Pegasus follows:
Pegasus, winged horse, son of Poseidon, god of the sea, and the Gorgon Medusa. Pegasus sprang from Medusa's neck when she was killed by the hero Perseus. Shortly after its birth, the magic steed struck the ground on Mount Helicon, and on the spot a spring, later sacred to the Muses and believed to be a source for poetic inspiration, began to flow. All longed in vain to catch and tame the creature, and this became the obsession of Bellerophon, prince of Corinth. On the advice of a seer, Bellerophon spent a night in the temple of the goddess Athena. As he slept, the goddess appeared to him with a golden bridle and told him that it would enable him to capture Pegasus. When Bellerophon awoke, he found the golden bridle beside him, and with it he easily captured and tamed the winged horse. Pegasus thereafter proved to be a great help to Bellerophon and aided the hero in his adventures against the Amazons and the Chimaera. Bellerophon was overcome by his own pride, however. When he attempted to fly to the top of Olympus to join the gods, the wise horse threw him, leaving Bellerophon to wander disconsolately about, hated by the gods. Pegasus found shelter in the Olympian stalls and was entrusted by Zeus with bringing him his lightning and thunderbolts.
In short, I don't know. Maybe it's based on the myth at the point when Pegasus was caught and become a help to the hero Bellerophon; so 267 Squadron as a communications squadron helped the war effort without being a fighting squadron. No matter what the reason at the time the image of the Pegasus has a romantic inspirationalism about it and it made an excellent badge.