Outside of most Cirrus aircraft, they're not standard. They work pretty well on light and ultralight (single engine) aircraft.
Think of the extraordinary size and weight a chute or series of chutes would be for a short haul 737-sized aircraft. The cost of lugging those around across a fleet would be absolutely prohibitive. There's also little reason for this type of safety mechanism for such passenger jets. Commercial twin or quad engine planes are extraordinarily safe, and offer many more redundancies than a tiny single engine plane.
Think of the extraordinary size and weight a chute or series of chutes would be for a short haul 737-sized aircraft. The cost of lugging those around across a fleet would be absolutely prohibitive. There's also little reason for this type of safety mechanism for such passenger jets. Commercial twin or quad engine planes are extraordinarily safe, and offer many more redundancies than a tiny single engine plane.