Yes. Fly-cruise itineraries fly you from Punta Arenas across to King George Island in about two hours and you board the ship there, which skips the Drake completely. Roughly a quarter of the people who come to us ask about it. The trade is that flying rules out a lot of the itinerary range, including South Georgia, the Weddell Sea, and Antarctic Circle crossings.
You can also fly one way and sail the other, which halves the exposure and is a reasonable middle path if you're torn.
The cost picture has moved. Flying used to carry something like a 10,000 dollar premium, and you'll still see that figure quoted in places. Supply now runs ahead of demand on the fly product and early bird fly deals sometimes land close to sail prices. Ask us for current numbers rather than trusting an old article.