diff --git a/chart/Chart.yaml b/chart/Chart.yaml
index f7b663cbff78c..a468bf0ae6d46 100644
--- a/chart/Chart.yaml
+++ b/chart/Chart.yaml
@@ -20,7 +20,7 @@
 apiVersion: v2
 name: airflow
 version: 1.14.0
-appVersion: 2.9.1
+appVersion: 2.9.2
 description: The official Helm chart to deploy Apache Airflow, a platform to
   programmatically author, schedule, and monitor workflows
 home: https://airflow.apache.org/
@@ -47,23 +47,23 @@ annotations:
       url: https://airflow.apache.org/docs/helm-chart/1.14.0/
   artifacthub.io/screenshots: |
     - title: DAGs View
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/dags.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/dags.png
     - title: Datasets View
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/datasets.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/datasets.png
     - title: Grid View
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/grid.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/grid.png
     - title: Graph View
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/graph.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/graph.png
     - title: Calendar View
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/calendar.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/calendar.png
     - title: Variable View
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/variable_hidden.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/variable_hidden.png
     - title: Gantt Chart
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/gantt.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/gantt.png
     - title: Task Duration
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/duration.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/duration.png
     - title: Code View
-      url: https://airflow.apache.org/docs/apache-airflow/2.9.1/_images/code.png
+      url: https://airflow.apache.org/docs/apache-airflow/2.9.2/_images/code.png
   artifacthub.io/changes: |
     - description: Don't overwrite ``.Values.airflowPodAnnotations``
       kind: fixed
diff --git a/chart/newsfragments/39433.significant.rst b/chart/newsfragments/39433.significant.rst
deleted file mode 100644
index f056dee37da5c..0000000000000
--- a/chart/newsfragments/39433.significant.rst
+++ /dev/null
@@ -1,3 +0,0 @@
-Default Airflow image is updated to ``2.9.1``
-
-The default Airflow image that is used with the Chart is now ``2.9.1``, previously it was ``2.8.3``.
diff --git a/chart/newsfragments/40160.significant.rst b/chart/newsfragments/40160.significant.rst
new file mode 100644
index 0000000000000..6c9d2f69fff5f
--- /dev/null
+++ b/chart/newsfragments/40160.significant.rst
@@ -0,0 +1,3 @@
+Default Airflow image is updated to ``2.9.2``
+
+The default Airflow image that is used with the Chart is now ``2.9.2``, previously it was ``2.8.3``.
diff --git a/chart/values.schema.json b/chart/values.schema.json
index a39901178fa03..e15571972083d 100644
--- a/chart/values.schema.json
+++ b/chart/values.schema.json
@@ -78,7 +78,7 @@
         "defaultAirflowTag": {
             "description": "Default airflow tag to deploy.",
             "type": "string",
-            "default": "2.9.1",
+            "default": "2.9.2",
             "x-docsSection": "Common"
         },
         "defaultAirflowDigest": {
@@ -93,7 +93,7 @@
         "airflowVersion": {
             "description": "Airflow version (Used to make some decisions based on Airflow Version being deployed).",
             "type": "string",
-            "default": "2.9.1",
+            "default": "2.9.2",
             "x-docsSection": "Common"
         },
         "securityContext": {
diff --git a/chart/values.yaml b/chart/values.yaml
index 45bfeadbc635b..333fa44d4d283 100644
--- a/chart/values.yaml
+++ b/chart/values.yaml
@@ -68,13 +68,13 @@ airflowHome: /opt/airflow
 defaultAirflowRepository: apache/airflow
 
 # Default airflow tag to deploy
-defaultAirflowTag: "2.9.1"
+defaultAirflowTag: "2.9.2"
 
 # Default airflow digest. If specified, it takes precedence over tag
 defaultAirflowDigest: ~
 
 # Airflow version (Used to make some decisions based on Airflow Version being deployed)
-airflowVersion: "2.9.1"
+airflowVersion: "2.9.2"
 
 # Images
 images: