In this paper, we derive and investigate an asymptotic model for the dynamics of curved viscous inertial Newtonian fibres subjected to surface tension, as they occur in rotational spinning processes. Accordingly, we extend the slender body theory of Panda, Marheineke & Wegener (Math. Meth. Appl. Sci., vol. 31, 2008, p. 1153) by including surface tension and deducing boundary conditions for the free end of the fibre. The asymptotic model accounts for the inner viscous transport and places no restrictions on either the motion or the shape of the fibre centreline. Depending on the capillary number, the boundary conditions yield an explicit description for the temporal evolution of the fibre end. We study numerically the behaviour of the fibre as a function of the effects of viscosity, gravity, rotation and surface tension.