If you can bail from a fighter then a parachute must exist??!!??
Hopefully not.
1. This is Star Wars, and only the Adumarians had parachutes.
2. They're detrimental to gameplay (bailing and opening them 1 meter over the ground, jumping out over enemy main, etc.)
3. Go down with your ship, brave man!11 
"One of the bitches actually gave birth while she was attacking, and her puppies joined in on the carnage."
--the awesomeness that is Boatmurdered.