The historic jet aircraft, weighing about 3.5 tonnes, was lifted out of Imjin Barracks, Innsworth, by an Royal Air Force Chinook.
It was flown 2.4 km above the rooftops of Churchdown to a new home at Gloucestershire Airport, the BBC reported.
This particular model was used as a "gate guardian" by the RAF, which was stationed in Innsworth until 2008.
In 2010, the base was renamed Imjin Barracks and it became the home of NATO's Allied Rapid Reaction Corps (ARRC).
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"The Meteor aircraft represents a very important link to Gloucestershire's military and industrial heritage.
"It embodies a period of rapid technological progress in the region that is still represented in the area today."
Imjin's Meteor T7 was built in 1949 at nearby Hucclecote and flew some 2,000 hours until 1968.
Nine years later it was removed from service and then transported to RAF Innsworth in 1981 where it was restored and unveiled as the base's gate guardian in 1994, the report said.