This first formation, at one of the cluster of airfields on and around Salisbury Plain, lasted just over a month. It was the fourth airborne forces squadron to form following 296 and 297 at Ringway ned Manchester in January, then 295 over at one of the early Royal Flying Corps bases at Netheravon in August 1942. Its first day was August 24th and as the official squadron log records commenced with the paperwork required to acquire personnel. The first Adjutant is Pilot Officer C I Margry, following his induction with sister squadron 297 now based down on the south coast at Hurn.

The first commanding officer is Canadian Squadron Leader LC ‘Wally’ Bartram who arrives in mid September. The first aircraft, an Armstrong Whitworth Whitley EB285 arrives on the 17th at which stage the squadron had already expanded to seven aircrews. On the 18th four of these detach to 297 at Hurn; looks like this might be a premature birth for 298. Two more Whitleys, EB287 and EB337, arrive on the 22nd followed by some motor vehicles from RAF Gatwick on the 23rd. A delivery of 600 Sten guns on the 24th provides an opportunity for shooting practice at London Hill range. The last entry on 30th September provides the single recorded flight by EB287 of 30 minutes by Bartram and crew before a lecture in the evening on gas defence.

In the margin of the log it is recorded that 298 is presumed disbanded in October 1942.

Thruxton today is a motor racing circuit with a small private airstrip.