Well the found wreckage pieces apparently point to a controlled ditching, so it's not entirely impossible for the guy to be alive somehow.
First, successfully ditching an aircraft at sea is the ultimate test of piloting skills, and possibly one difficult to resist for the ego of a seasoned captain on his final flight.
Second, it seems out of character for a meticulous pilot to just let the aircraft slip out of his control and crash haphazardly at the very end of a carefully-plotted sequence of murderous steps.
Third, a ditching would better obfuscate the final resting place of the aircraft compared to an uncontrolled dive, as it would result in fewer scattered debris floating away.
Just some fun speculation on what's written in the original article, not like we'll ever know for sure.