Considering VR, which statement is correct?

Question

Question ATPL - Airline Transport Pilot license - Performance

QuizVDS · Accepted Answer

VR is the speed at which rotation should be initiated

QuizVDS · Answer

VR is the lowest climb speed after engine failure

QuizVDS · Answer

In case of engine failure below VR the take-off should be aborted

QuizVDS · Answer

VR is the lowest speed for directional control in case of engine failure

Id 137 - ATPL - Considering VR, which statement is correct?