If, as was suggested at the time, there was initially a partial loss of owner before the engine failed, it may have caused Maj to hesitate before taking action. That would explain a loss of airspeed before he attempted any manoeuvre.
I had a GA912 Lightwing .
I once took off with both fuel taps turned off. I till can't believe my mistake. I am not suggesting for a moment that Maj did this. However, my experience is that my aircraft had sufficient fuel to climb on full noise to a height of about 200 ' before faltering, spooling down, then shortly after that going quiet. In my case, I put the nose down instantly and maintained flying speed until landing in the crop off the end of the strip. I did have that option.
To lose our good friend after similar circumstances shook my confidence totally.
I haven't got over it.
I didn't really know Ross well but I felt closely connected to him. When I sold my a/C it had dashboard labels that he gave me.
Ross, you are greatly missed by all of us, not just your immediate loved ones, but also your extended aviating family.