GENEVA, Dec 10 (Reuters) - Global airlines on Tuesday

raised their profit forecast for 2025 compared to the prior

year, projecting industry-wide revenues at more than a trillion

dollars for the first time and a record 5.2 billion passengers

globally despite ongoing supply chain woes.

Airlines around the world have seen their growth hampered by

difficulties at planemakers Boeing ( BA ) and Airbus

which have delayed jet deliveries.

Without newer, more efficient planes, airlines say they

cannot cut back jet fuel costs while flying more passengers.

Still, the International Air Transport Association (IATA)

said it expected the worldwide industry to generate 36.6 billion

dollars of net profit this year, up from 31.5 billion dollars in

expected net profit in 2024.

"All these efforts will help to mitigate several drags on

profitability which are outside of airlines' control, namely

persistent supply chain challenges ... and a rising tax burden,"

said Willie Walsh, IATA's Director General.

That comes four years after the industry collapsed to a $140

billion loss in 2020 as a result of the pandemic, but which has

recovered thanks to robust travel demand.

Jet fuel prices are also set to go down, offering some

relief to airlines.

However, uncertainty tied to global conflicts in the Middle

East and Ukraine as well as the incoming U.S. presidential

administration could pose risks to the sector's health, IATA

said.

Passenger yields - or the average amount paid by a passenger

to fly one mile - are expected to fall by 3.4% compared with

2024.