Travelling wave wall used for Micro Air Vehicle flow control is studied to find out its drag reduction effect. Aerodynamic characteristics of the airfoil with and without a streamwise travelling wave on its surface are calculated. The interrelationship is also analyzed among lift, drag and ratio of motion phase speed to the external flow velocity. The flexible airfoil that can generate streamwise travelling waves is realized via electromagnetic coil actuation. Thirty-six coils are placed streamwisely under heat shrink film and magnets producing magnetic field are placed under coils. Every single coil is controlled by current to move vertically in harmonic motion with 30 degrees phase difference between adjacent ones. So heat shrink film is actuated, and streamwise travelling wave is generated. Meanwhile, a prototype is designed and tested in wind tunnel. The experimental aerodynamic data proves that streamwise traveling wave airfoil can increase lift and reduce air drag.