tdracer
Good points all well made. I was thinking more of scheduled passenger flights but the Kalitta is interesting. On a normal takeoff after an engine failure it should not be necessary to increase thrust on the remaining engines. If I remember correctly the 747/2 thrust was not governed with the Pratt and Whitney JT9 engines and if firewalled they were only guaranteed to give 5 minutes of thrust.
By maintaining a speed below V2 after lift off, raising the nose to 17 degress resulting in activation of the the stick shaker and firewalling the engines the crew doomed themselves. The second engine failure was in effect caused by the crew.