The squadron originally formed as the Parachute Exercise Squadron at RAF Ringway on 15 December 1941 and moved to RAF Netheravon on 22 January 1942, then officially becoming No 297 Squadron RAF. In February 1942 they were equipped with Whitley Mk.V aircraft. The squadron moved to RAF Hurn on 5 June 1942 and to RAF Thruxton on 24 October 1942. In July 1943 the squadron was equipped with the first of the Albemarle Mk.I aircraft, which they kept until December 1944 while being supplemented with the Albemarle Mk.II in February 1944, the Albemarle Mk.V in April 1944 and the Albemarle Mk.VI in July 1944. In 1943 the squadron flew Albemarles to Algeria to take part in Operation Husky, the invasion of Sicily, returning to Britain the same year. The squadron moved to RAF Station Stoney Cross on 25 August 1943, where they practised parachute drops with the 8th Battalion parachute regiment and 22 independent parachute regiment in preparation for the D-Day invasion. They then moved to RAF Station Brize Norton on 14 March 1944 to practice towing Horsa gliders in preparation for Operation Deadstick, the deployment to capture the now famous Pegasus Bridge and the Merville Battery located on the Normandy coast overlooking Sword Beach. Their involvement in the D-Day operation was :
At 11:00 PM on Mon 5 June 1944 four Albemarles dropped ten men of the 22nd Independent Parachute Company and thirty paratroopers comprising the Advance Party of the 5th Parachute Brigade near Ranville
Later that night nine Albemarles dropped paratroops of the 5th Parachute Brigade as part of the main force
At 3:30 AM on D-Day itself a further 8 Horsa gliders were towed to the drop zone
Later that day 19 more Horsas were towed across. One aircraft was shot down.
In September 1944 the squadron played its part in Operation Market Garden after temporarily moving to RAF Station Manston. They towed 29 Horsa and 2 Waco gliders in the first wave and 24 Horsas in the second, all without loss. On 30 September 1944 the squadron moved to RAF Station Earls Colne where the process of changing the Albemarles for the Halifax Mk.V was started, the squadron received additional Halifax Mk.III aircraft in February 1945 and Halifax A.7 in December 1945. On 24 Mar 1945 thirty Halifax aircraft towed Horsas manned with 6th Airborne paratroops to effect a successful Rhine crossing. The squadron was disbanded on 1 April 1946.
Post-war
The Squadron was reformed in a peacetime role on 1 April 1946 at RAF Station Tarrant Rushton and merged with 295 squadron, keeping the 297 Squadron markings. The reformed squadron kept the Halifax A.7 aircraft and moved to RAF Brize Norton on 5 September 1946. In January 1947 the squadron was re-equipped with Halifax A.9 aircraft which they kept until October 1948, during this time they moved to RAF Station Fairford on 21 August 1947 and to RAF Station Dishforth on 1 November 1948. In November 1948 the Squadron was equipped with Hastings C.1 aircraft until November 1950. During this time the squadron moved as a detachment to Schleswig returning to RAF Station Topcliffe on 22 August 1949 where they stayed until 15 November 1950 when the squadron was disbanded.