Y'all can put away the lynch ropes. We've had this conversation before. Just because you don't have the experience, don't knock the insight.
Do I consider an engine failure an emergency? In most cases, most of the engine failures I've had, no. I've had them in single engine piston airplanes, and multi engine turbine airplanes, and not yet has one become an emergency. That's not to say it won't. However, it hasn't yet. Those who are going to blast me for such a "cowboy" or "cavalier" attitude should tell me all about their vast experience having engine failures or inflight fires, and I'll be happy to listen.
It has nothing to do with being "macho." That's for wet behind the ears kids to who such things mean a tinkers **CENSORED****CENSORED****CENSORED****CENSORED**. For me, it makes no difference.
Two years ago I experienced five engine failures in a four month period. Before anyone yaks off about poor maintenance issues, make sure you know what you're talking about and have experience in extreme environments where these things occur, lest you speak far out of turn. I've heard it all before, and usually by those without the experience to talk, or the place to stand in.
One of those failures was a V1 cut. It involved an engine rollback just prior to v1 (which occurs when taking the runway in that operation, because once the power comes up, you're committed). After shutdown, we managed 300' in the pattern for a return and landed. The base rolled crash rescue for us; we were too busy with the airplane to worry about talking to anybody, nor would it have helped. Was that an emergency? It was certainly a handfull, but declaring anything, and talking to anybody was absolutely out of the question at the time.
I recall posting comments about my view on inflight emergencies once some time ago here. I received all kinds of scathing editorials and private messages by those who had experienced the gamut in the simulator, but never in real life. Some time later an individual wrote back and stated that he had learned what it was I was talking about, and I believe him. He has the experience to know, now.
I knew an individual who left a position with an operator to go to work for an airline. He was assigned an experienced captain, for IOE line work. The captain mentioned that he had dealt with an in-flight emergency only a week before. Interested to learn the new business, this individual asked about the emergency. The captain said he had lost his primary inverter.
The individual asked what the emergency had been. That was it. The primary inverter. Ahh. The captain asked the individual what sort of experience he had with emergencies. The individual rattled off a list of things that had occured in the past year, including hydraulic failures, fires, structural cracks and failures, etc. The captain was aghast. The individual quit a few days later; he said he couldn't identify with people who thought something so piddly was an emergency; he went back to the operator to work. In a way, I feel the same.
Then again, I've worked around enough people that feel a spot on their white shirt is an emergency, I have developed a certain level of contempt for them. I've met enough flight instructors who are afraid of the student and the airplane that I'm wary of pilots and instructors until they prove themselves. My present temporary employer hired a pilot last year to fly the airplane I'm flying, doing the job I'm doing. That pilot had his first fire in the airplane, and immediately quit when he landed. During a going fire. He was terrified of the airplane and what he was required to do with it, and the conditions he was required to fly into, and the circumstances under which he had to do it. Quit on the spot after one sortie. To him, I imagine life itself is a big emergency. Better he quit than he kill himself and take a good airplane out of service.
An engine failure is NOT an emergency of itself. Certainly it can be, and I did clearly state before that if emergency authority is necessary, it should be used. However, I have too much experience with these things in actual fact to believe that any one thing is automatically an emergency, bar nothing. It's just not true. I've had fires and fire indications many times, and not yet has one developed into an emergency. I've dealt with them and continued the operation as necessary. This isn't cowboy or macho; it's doing a job professionally and in the manner that the job requires, and getting the job done.
You might think running an airplane down a steep mountain slope in smoke and flame is cowboy, but you'd be wrong. You may think flying an airplane that can't climb but a few hundred feet per minute in rough terrain and high winds is unprofessional, but it would only indicate a lack of experience to say so. You may think that flying under a powerline is foolhardy, but you would have to be very inexperienced in that type of operation to not know it isn't, that it's sometimes necessary in certain kinds of professional aviation.
Don't simply make blanket statements in areas where you have no experience. Certainly don't blast me for stating otherwise, as I do have the experience to make those statements. I was there; the moments didn't constitute an emergency. Perhaps for someone else, or under other circumstances, they might have been emergencies. It is not my place to say.