Baywatch (1989)

S9E12 The Big Blue

Mitch reconnects with some former military buddies from an Army parachuting unit and decides to help one of them, skydiver Tracy McComb, reunite with her estranged father, a Naval officer who is facing a terminal illness. Meanwhile, Jessie develops a fascination with skydiving and convinces Mitch to join her for a jump. Their adventure takes an unexpected twist when they find themselves needing to rescue individuals from a boat wreck near Catalina.