Bengerman,
That is incorrect, on an Airbus, if the ECAM indicates an ENG FIRE, then the LAND ASAP is in red. On an ENG FAIL, it indicates LAND ASAP in amber.
LAND ASAP Red as per FCOM 3, the pilot should land at the nearest suitable airport. LAND ASAP Amber, the crew should consider the seriousness of the situation, and select a suitable airport.