Large Cloak/Cape (3.5e Equipment)
From D&D Wiki
This cloak/cape is so long that you can use it to reduce the damage you take from falling.
Glide (Ex): A person using a large cloak/cape can glide from any height at a speed of 20 feet per round, descending at a rate of 10 feet per round.
+1 Armor bonus to AC (Stacks)
Negatives: −1 Armor check penalty(Stacks), 10% Spell failure(Stacks), +5 Max Dex bonus
Weight: 15 lb Cost:250gp