Airframe parachute on commercial airlines
Cirrus builds very small planes that fly at a very low altitude and at very small speeds, hence the parachutes (CAPS) can be used.
General aviation aircraft are HUGE, BULKY and designed to fly at very high mach numbers. They are not designed to "withhold spin" as required by the CAPS. 


Moreover, if this was possible, this would already be in action, because an Automobile accident is not much of a Headache for auto companies, but an Aviation disaster is for sure a PR nightmare for an Aviation Company.