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Wiktionary
flame-out

n. 1 The act of flaming out or burn out; extinguishing. 2 The act of quitting or failing, especially due to overwork, or in a dramatic manner.

WordNet
flame-out
  1. n. the failure of a jet engine caused by an interruption of the fuel supply or by faulty combustion

  2. a complete or conspicuous failure; "the spectacular flame-out of the company's stock cost many people their life savings"

Usage examples of "flame-out".

At the edge of the artificial light, struck more by the stars and moon, a razor-wire fence penned a flock of abandoned police vehicles, spinners and heavier cruisers with scorched flame-out marks along their engine exhausts, cockpits shattered or drilled with a line of spiderwebbed holes from high-caliber automatic weapons fire.

It was a risky move that could lead to a flame-out or an uncontrolled spin, but by suddenly killing his hot afterburners and throwing out the flares he stood a good chance of defeating the American A-9M.