ATAC does this all the time...it's their business. Thank God almighty he was in home waters, not out over the South Pacific somewhere.
Not enough praise can be heaped on the Hawaiian Parasail personnel who arrived on scene first and helped him untangle, and the USCG for bringing him in.
Here's a good video package of the story:
It sounds like the parasail folks were witnesses rather than rescuers.
"...Jamey Regelbrugge was captaining a boat for Hawaiian Parasail south of Oahu when he saw the jet fly over the parachute he was pulling behind his boat. He saw the pilot eject and the plane crash into the water. Almost in an instant, the Coast Guard came and pulled the pilot out of the water..."
Well done to the USCG who happened to be ‘Johnny on the Spot”