Global airlines body IATA forecast industry-wide 2025 revenue of more than a trillion dollars and record passenger numbers, despite what its chief Willie Walsh said on Tuesday were "unacceptable" difficulties in securing new planes.

Global airline revenues next year are projected to exceed $1 trillion for the first time, reflecting growing passenger demand and improved profitability

Airlines around the world have seen their growth hampered by delays in jet deliveries stemming from problems at Boeing and Airbus as well as their suppliers

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.

IATA forecasted that global airlines’ net profit will reach $36.6bn in 2025, up from the $31.5bn expected in 2024.