One fare, one rail

The merger between Korea Railroad Corporation, or Korail, and SR — operators of the country's two high-speed rail services, KTX and SRT, respectively — has received final approval from the Fair Trade Commission.

Business Desk
Published Modified
A coupled KTX and SRT train sits at a platform at Seoul Station in central Seoul on Aug. 2.

A coupled KTX and SRT train sits at a platform at Seoul Station in central Seoul on Aug. 2.

The merger between Korea Railroad Corporation, or Korail, and SR — operators of the country’s two high-speed rail services, KTX and SRT, respectively — has received final approval from the Fair Trade Commission.

Starting in September, KTX will incorporate SRT services, and fares will be aligned with SRT’s relatively lower rates for three years.

merge sr business industry photo korail

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