On airliners it is applied via the use of these sharp pods under wingsthese sharp pods under wings.
A coke-bottle-like fuselage would be extremely impractical for internal arrangement and cargo loading, so it is not done on airliners even though it could probably improve the efficiency a bit.
What is done is:
- The engines shifted ahead of the wing help smooth out the increase of cross-sectional area around the wing leading edge.
- The enlarged flap track fairings, a.k.a. anti-shock bodies help smooth out the decrease of cross-sectional area around the wing trailing edge.