The Element Encyclopedia

by Theresa Cheung
In dreams, the sky or air tend to be the province of freedom and spiritual or intellectual transcendence, so if you have a dream in which you mount a winged horse like Pegasus in order, perhaps, to escape a indomitable pursuer, your unconscious may have been urging you to use your intellect to soar above the mundane problems of your waking life.

Ariadne's Book of Dream

by Ariadne Green
The flying horse and close companion of Hercules arrives from the mythic dimensions o: ’ the Lower World to express the winged power of spintual flight. He is the power that can accelerate you through the spiritual dimensions on your quest for significance and honor through God’s grace. He provides rescue for the hero threatened by Hades.

My Dream Interpretation

by myjellybean
To dream of a pegasus (flying unicorn) is positive, symbolizing high ideals, hope and insight in a current situation. It also symbolizes power, gentleness, and purity.