Dubai: Can this Indian billionaire pull it off – launch a new airline in India and, most important, take it anywhere near to profitability? It would be easy to dismiss Rakesh Jhunjhunwala’s ambitions to launch ‘Akasa’ as wishful thinking. After all, Jhunjhunwala had made his billions playing the stock markets and doesn’t have any experience manning an airline. But here’s the thing – he has made his money taking on risks that would have stopped others in their tracks. Not for nothing is Jhunjhunwala called ‘India’s Warren Buffet’. And for tips on how not to run an airline, he can always learn from Vijay Mallya and his Kingfisher fiasco.