Hi Mike. Pegasus - in Greek Mythology - is a winged divine horse - often depicted as white. He was therefore adopted by the Parachte Regiment from it's earliest beginnings. The badge below was designed for wear as an arm patch during WWII by British airborne forces. It depicts Pagasus being ridden by the warrior Bellarophon - and thus symbolises a winged warrior flying into battle (or - paratroopers). Note also the maroon coloured background - which was also reflected in the adoption of that colour beret for paratroops during WWII - and was the origin of the German's nickname for them "The Red Devils". This appears to have stuck - as has the maroon beret. Note also that the band have a double maroon stripe down each leg when wearing their "Blues" uniform.
The Pegasus Bridge that you mention - was renamed as such by the French - after the battle which took place there on D-Day - which is one of the best scenes from the well known film - "The Longest Day" - in honour of the Paras involved in the fight.
If I could offer just one very slight criticism of the Hiriart depiction of the Para beret, Mike - it might be that it is a little too red. That colour of red for the beret is used by British Military Police nowadays (Redcaps) - whilst the Paras still retain that maroon colour. (Though it could just be the reproduction of the colour from a photo that's doing it.).
Hardly surprising then, that the Mascot adopted by the Regiment would be a small horse - and the most favoured name for the Mascot would be Pegasus. johnnybach.
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