This company makes parachutes for airplanes. Not like the ones for people, a much bigger/stronger version for the plane itself. As a last resort in an emergency sitiation you can deploy the chute and float down to safety.
Umm, did someone just hear something coming from the engines?
Check out the video section for some really sweet demonstrations. This would be a must-have if I owned my own plane. Someday. Funny though, someone has already sued them for device failure. As a kid, I remember wondering why this technology didn’t exist yet. I’m going to love to see the one they make for a 747.