Aiming at the problem of porpoising during high-speed navigation of planing crafts, this study designed a localized elastic appendage installed in the high-pressure area of the boat bottom, which can improve the longitudinal stability of the planing craft through its passive deformation. The ship model towing test and numerical simulation of rigid model (RM) and local elastic model (LEM) are carried out under still water conditions. The flow field calculation of RM based on CFD and the two-way fluid-structure interaction simulation of LEM based on CFD-FEM are all in good agreement with the experimental data. The test and numerical results indicate that in the speed range of 1–11 m/s, the maximum deformation of the LEM elastic appendage can approach 4 mm. There is an obvious improvement in longitudinal stability following deformation. The stable speed range is increased by 1.2 times and the trim angle of LEM is reduced by a maximum of 15% when compared to RM at the same speed. In terms of resistance, RM and LEM exhibit almost identical characteristics. Based on the details of flow field and the pressure distribution obtained by the numerical simulation, the mechanical properties of the planing craft after the deformation of the local elastic appendage have been analyzed, which provides a new design idea for the planing craft to improve the longitudinal stability.