In the WT9-Dynamic there is indeed a parachute installed - as is in the Cirrus SR22.
But in general, the traditional airplanes we fly in our club are mostly 15 years old or much older (e.g. a Piper from 1978). They don't have fire fighting equipment at all (but for commercial airplanes you better ask
@Nomad).
What we have are emergency procedures to follow in case of a fire. In a POH (
@Jean Mercier "Pilot Operating Handbook") you
always find them in Chapter three "Emergency Procedures". This chapter describes what to do upon
- an engine failure upon start
- an engine failure in flight
- emergency landing
- engine fire upon engine start
- engine fire during flight
- electrical fire and smoke in flight
- electrical fire and smoke on ground
- cabin fire in flight
- oil pressure loss
- carburettor icing
- unwanted spins
- ...
and so on. None of these procedures is really reassuring. So the most important emergency equipment is your brain, nerves and skills. There is no other backup.
Fire on board is imo the most scary thing a pilot can experience.
And it certainly won't hurt to know the Lord's Prayer. After all, you are then usually closer to heaven than to earth.