Abu Dhabi's Etihad Airways will push back its planned $1 billion initial public offering until at least next month, after the Eid al Fitr holiday, two people with knowledge of the matter said.

Etihad Airways more than tripled its net profit last year to $476 million, the carrier, which sources say is set for an initial public offering this quarter, said on Wednesday.

Etihad Airways is preparing to announce “around 10” new routes, according to Arik De, the airline’s Chief Commercial Officer, in an exclusive interview with Skift.