1. Initially the air resistance is smaller than the weight, this causes the sky diver to accelerate
2. As they accelerate, the air resistance increases
3. This continues until the air resistance is equal and opposite to the weight. The forces are balanced so the sky diver continues to fall at a constant speed. This is known as their terminal speed
4. When the sky diver opens their parachute, the forces become unbalanced. The air resistance increases to be larger than the weight, this slows the sky diver
5. As the sky diver slows, the air resistance decreases to become equal to the weight again. The forces balance and a new lower terminal speed is reached