Is Captain Jack Sparrow Alive in the 3rd episode of "Pirates of the Carribean"

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Hiyaa Guyz, Did you watch the first edition of "Pirates of the Carribean" which was named "Curse of the Black Pearl" and the second edition named "The Dead Man's Chest"?? Well, I did watch both the editions and I am eagerly waiting for the third edition. But I dont even know what the name of the third edition will be?? And the fact I am I dying to know is whether Captain Jack Sparrow (played by Johnny Depp) will be alive (and kicking) in the third edition?? Or will the character will return in the form of "the ghost" of "Capt. Jack Sparrow"??