So two men are skydiving, and both their parachutes fail. One gets smart, and 75ft from the ground, he grabs onto the other guy, stands on his shoulders, and jumps, or pushed down. His life is spared, but the other guy dies.
I do recall Jamie and Adam doing a myth similiar myth to this one. It was if you are in an elevator that is in free fall, would you survive if you jump at the last second? The answer to that one was a big no. I am sure that the same concept would be true for this myth. Plus the speed would be greatly increased from a free falling elevator. Now they do have have those flying squirell suits that allow you to glide. But in the end, the likelyhood of this one working is between zero and zilch.