Your assumption is that they started from the ground.
They easily could have jumped out of a skydiving plane.
They easily could have jumped out of a skydiving plane.
The jet powered 'squirrel suits' for skydiving have the person flying horizontally, and have wings.

The LAX jetpack sightings show the body of the Jetpack man as being vertical, with no wings.
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And they still have to reach the ground eventually, but no parachutes were spotted in the area.