Such a parachute would be prohibitive in term of weight, so no. I suppose the pilot could wear a personal parachute, and hope to ditch far from people or proper

Such a parachute would be prohibitive in term of weight, so no. I suppose the pilot could wear a personal parachute, and hope to ditch far from people or property, but I think the odds are... "In the very unlikely event that all four engines fail, we’ll go straight into the ground like a fucking dart." -Billy Connolly