Jumping for Joy

Italy's Quercetti is well known for rockets and parachutes.

Their JR21 marketed Fireball XL5 has featured here many times, as has the Mach-1 and TOR.

These toys incorporated a small blow moulded parachutist and chute.

Eolo's much bigger set had a similar jumping astronaut cum pilot.

This bended knee jumper became a staple. Here's a more recent bag of three. 

I think you can still get this toy in some form.

It's become a party favour!