ETOPS
If a twin engined aircraft is flying more than 60 minutes away from a suitable operational airfield, with this time being calculated for a single engine operation in still air conditions, then the aircraft is flying ETOPS.
Am I right in saying if a two engine aircraft takes off and now I shutdown the other engine and we fly for 60 minutes the distance that I cover would be the limit for that aircraft, if it crosses this limit this aircraft is now flying ETOPS.
Is this the correct interpretation !!