Engine maker Rolls-Royce has won a £50m contract to supply aircraft engines to Singapore low-cost airline Tiger. The Derby-based firm will build V2500 engines to power a new fleet of eight A320-family twinjets.

The V2500 is produced by the International Aero Engines consortium (IAE) in which Rolls-Royce is a senior shareholder. More than 1,300 V2500-powered aircraft have been delivered to over 120 customers to date and there are more than 5,000 engines delivered or on order.