India’s Warren Buffett Proposes to Launch Ultra-Low-Cost-Carrier India’s Warren Buffett, Rakesh Jhunjhunwala proposes to partner with former CEOs of IndiGo, the nation’s largest carrier, and Jet Airways to penetrate demand for domestic flights. Rakesh Jhunjhunwala’s idea to launch an ultra-low-cost airline can possibly provide planemaker Boeing with a fortune to recover lost ground in India [...]