diff --git a/installation-images-17.123.tar.xz b/installation-images-17.123.tar.xz
deleted file mode 100644
index 7f02a93..0000000
--- a/installation-images-17.123.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:eda288374b7572f13e824c536ec9d009cb90555eefba3e5eaa030c2df19a6181
-size 246928
diff --git a/installation-images-17.124.tar.xz b/installation-images-17.124.tar.xz
new file mode 100644
index 0000000..721b06e
--- /dev/null
+++ b/installation-images-17.124.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:7633497b7fc9c68216122a084b26582799fdb79bee33c3342575c3ced82dfe56
+size 246948
diff --git a/installation-images.changes b/installation-images.changes
index c13c8c3..3885616 100644
--- a/installation-images.changes
+++ b/installation-images.changes
@@ -1,3 +1,11 @@
+--------------------------------------------------------------------
+Tue May 7 14:24:52 UTC 2024 - wfeldt@opensuse.org
+
+- merge gh#openSUSE/installation-images#711
+- increase XZ compression level for initrd (bsc#1223982)
+- support ZSTD compression for initrd
+- 17.124
+
 --------------------------------------------------------------------
 Mon May 6 08:32:09 UTC 2024 - wfeldt@opensuse.org
 
diff --git a/installation-images.spec b/installation-images.spec
index ac406ee..fa0fcee 100644
--- a/installation-images.spec
+++ b/installation-images.spec
@@ -669,7 +669,7 @@ AutoReqProv:    off
 Summary:        Installation Image Files for %theme
 License:        GPL-2.0-or-later
 Group:          Metapackages
-Version:        17.123
+Version:        17.124
 Release:        0
 Provides:       installation-images = %version-%release
 Conflicts:      otherproviders(installation-images)