Yahoo article
here.

The snake dangles 49 feet (15 meters) off the ground, tail
entwined around a branch. Suddenly, the animal rears up and launches, flinging
its body toward the forest floor.

In other reptiles, the leap would be suicidal, or at least an invitation for
broken bones. But the snake in question is a Chrysopelea paradisi, one of five
related species of tree-dwelling snakes from Southeast and South Asia. When
these snakes leap, it's not to nosedive; it's to glide from tree to tree, a feat
they can accomplish at distances of at least 79 feet (24 m).

See also Flying Reptiles.