I've worked in the visual effects industry and I don't think this is CGI, at least not in the sense that most commenters mean, a digital rendering of the dude and the wings. If it is, there's a lot of small details that they got right. It could be, and the poor quality of the video makes it hard to tell for sure, but I think that's misdirection. My guess is that the wings are not mechanical at all beyond being flexib…
Look at the left tip on the mechanism as it moves slowly as the woman holds it.
I know it's supposed to be light, but it appears to jitter as if it's massless.
The lighting on the mecanism doesn't seem so right either. This looks a little like the early Star Wars' to me.