Officer Cadets are required to attend a minimum of one training night a week during full term, which is usually a lecture by a guest speaker on an aspect of the Royal Air Force or another military unit.

Currently, ULAS is based at RAF Wittering and operates the Grob Tutor T Mk 1s from Monday to Friday during term time.

With the outbreak of war in 1939 the squadron was disbanded, but was reformed in April 1941 to provide pilot training to students of the University of London whom had volunteered for aircrew duties.

After the war in 1946 the University Air Squadrons reverted to their pre-war organization with ULAS reforming at RAF Biggin Hill with de Havilland Tiger Moths.

1951 also saw the University of London Air Squadron make a name for itself in the national press when some of its members ascended the 295 feet high Skylon, the landmark structure of the Festival of Britain, and attached a ULAS flag to the top.

On the eleventh of December 2013, ULAS was awarded the Rex Waite memorial trophy, for outstanding acts of charity carried out over the year in support of the Jon Egging trust including raising £15,000.

In 2022, it was announced that ULAS would be returning to Central London and would share a Town Headquarters with the University Officer Training Corps at Russell Square.