V1429 Aquilae is a single-lined
spectroscopic binary. The existence of a companion is inferred from the highly periodic variations in the
radial velocity of its spectral lines and by equally periodic variations in brightness and spectral line profiles. It is unclear whether there are partial eclipses of the larger star or just of gas surrounding the stars. The orbital period is well-defined at 60.7 days and it is moderately eccentric (0.244). The primary star fills its
roche lobe for at least part of the orbit. The other characteristics of the orbit are disputed. The orbital velocity of the secondary is unknown, and the possible inclinations do not sufficiently restrict the possible models of the system. Assumptions based on broadly similar data produce wildly different results for the masses of the stars, from to for the primary. A third star is visible in infrared images just over one arc second away. It is statistically likely to be in a wide orbit around the spectroscopic pair, about 5,700 AU away. The system contains material being transferred from the primary to the secondary star as well as material surrounding both stars. A dense clump of gas near the
centre of mass of the system, and co-rotating with the stars, produces the bulk of the emission lines. A more diffuse region of gas surrounds both stars and produces some absorption components in the spectrum. The entire system is surrounded by a shell of material about 0.8 parsecs across, assuming that MWC 314 is 3,000 parsecs away. This appears in infrared images as a circular ring 25 arc-seconds from the central star. There is a much larger
bipolar nebula detected by its
Hα radiation. It is 13 parsecs from end to end. ==Variability==