The induction of this new aircraft will take GoAir's fleet size to 20.
"Our first A320 neo (new engine option) plane will be landing at the Indira Gandhi International Airport here on June 2," a GoAir official said.
The airline expects to induct eight A320neo aircraft in the fleet by March next year, the official said, adding the first aircraft is likely to deployed on GoAir's Mumbai-Delhi route.
"The aircraft should be in operations by early next week," the official added.
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GoAir commenced operations in November 2005.
The existing regulation requires an Indian carrier to have a minimum five years of domestic flying experience and a fleet of at least 20 planes to fly overseas.
The Mumbai-based airline had, in June 2011, placed order for 72 new A320 neo aircraft, valued at about Rs 32,400 crore on list price, with the European aviation major Airbus.
The airline was to induct these aircraft in the fleet from April. However, the deliveries were deferred by the European plane maker due to "industrial reasons".