Pretty dramatic. I take it that it's spewing burning fuel that's leaving a trail of little fireballs.
Juan Browne seems to think it was shedding turbine blades.
Atlas Air Boeing 747 cargo plane experiences engine failure, FAA investigating
Federal officials are investigating after an Atlas Air Boeing 747 cargo plane experienced an engine failure soon after departing from Miami International Airport.
abcnews.go.com
Juan Browne seems to think it was shedding turbine blades.