This is a very easy effect to obtain. You can do a wonderful engine glow without using Video Post and Lens Effects. All of the parameters can be animated without too many hassles. To do this, you will use a few Volumetric Omni lights with activated attenuation and shadow parameters.
Lets reproduce the image above as an example.
The two engines are just copies of the same thing with the same Omni lights. So in the following description we will be only making one engine. To copy the group, just select all the lights and engine parts, shift and left click drag. Clear MAX and load the engine you want to use. When it is loaded, go into the light panel and load an Omni Light.