In this paper, numerical analysis is conducted using a local camber correction approach called “decambering” to predict pre and post-stall aerodynamic characteristics of multiple lifting surfaces operating in formation. A three wings Chevron formation and five and nine wings V-formation are studied. NACA2412 wing section is used and experimental validation is provided with Cessna 172 aircrafts flying in Chevron formation. Effect of wing incidence and shifting of stall angles is looked at along with changes in geometric offsets between the wings in formation. The spanwise distribution of coefficients of lift and induced drag at different angles of attack, including high and post-stall angles of attack is studied for all the wings. The span efficiency factor, which represents the correction in drag due to change in lift as compared to that of an ideal wing of the same aspect ratio but with elliptical lift distribution is calculated. The maximum possible efficiency is then used to estimate the maximum reduction in drag possible for individual wings in different formations. The change in efficiency with number of lifting surfaces in a formation is also estimated.