Shares of Kingfisher Airlines rose more than 7.5 per cent yesterday after reports that the cash-strapped carrier would consider proposals, including selling property, to cut its 1.3 billion dollar debt by more than half. The management of the airline, which has cancelled 200 flights in the past week, says its plan will result in its debt burden coming down from Rs 6,500 crore to Rs 3,000 crore.
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