I know that the Jet Stream follows a widely variable course and speed (ranging from 300mph to 600mph). If the strap were to intersect the Jet Stream it would be played like a Harp string and the resulting vibration would rip loose any cargo attached. In addition the torque on the strap would shear loose from its moorings both in space and on any ground/water based platform. You would then have a whip moving at high velocity and pity any thing it would strike.

300 and 600 is very big difference, so I think that they cannot be put together