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IAG Invests In Mako For Drag-Reducing Riblet Film

June 29, 2026

1 min read

Key Takeaways

IAG invests in Mako for drag-reducing riblet film.
Mako closes AU$28 million Series A funding round.
Flightfilm to be tested on IAG airline this year.
Technology may reduce fuel consumption by up to 4%.

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Strategic Implications

IAG's investment in Mako may indicate growing interest in sustainable aviation technologies. The adoption of drag-reducing riblet films could suggest a shift towards more fuel-efficient operations, which may benefit airlines and the environment. This development may also signal increased competition in the aviation technology sector.

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What Happened

Airline Group Backs Australian Startup For Fuel Efficiency Gains

International Airlines Group (IAG) has invested in Australian startup Mako, which is developing a drag-reducing riblet film called Flightfilm. The technology has the potential to reduce fuel consumption by up to 4% and is set to be tested on an IAG airline this year. Mako has closed an AU$28 million Series A funding round, led by Virescent Ventures, to scale up production of Flightfilm. The investment was reported by Aviation Week.

Source | Originally Published: June 29, 2026

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