I finally get to contribute something. Nothing special, but I didn't get a chance to play with it very much. In fact, I took a BG queue so I didn't really get to test.
Simple:
Join IoC
Jump off the ship right when game is going to end.
When you leave the BG you will have parachute on without a timer.
I haven't tested jumping off and afk'ing. Not sure if you hearth if it will drop. But just have fun with it.