<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by whlinder:
I thought that all Boeing designed planes they are supposed to be able to climb out with an engine failure at V1. They usually test this by shutting down engines at V1 and then proceeding with a takeoff.
Of course, a shutdown is much different from an engine failing and ripping hydraulic lines, puncturing fuel tanks or affecting the wing.</font>
My understanding is at V1 you would call off the takeoff attempt, but yes, at V2 you should be able to control and fly the craft with only one of two engines, provided the frame (and skin) is intact.
A sudden (physical, as opposed to operational) loss of the engine (it's only 4 bolts holding the darn thing on!) while in the sweep/turn and drive for the sky is the really bad place to be.