Posts in Category: subwaymetro

Airport Railroad

KORAIL Sells Airport Railroad

Korail announced the sale of the Korail Airport Railroad yesterday to a private KB Bank equity trust fund which is a consortium between KB and the Industrial Bank of Korea. Korail sold 65.9% of its shares in the airport railroad, also known by its brand name A’REX,

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Seoul's Public Transport Fares

Increase of Seoul’s Public Transport Fares

It was speculated since a couple of months that there will be an increase of Seoul’s public transport fares in 2015. Today the transport department of Seoul submitted the proposal for new fare prices to the municipal assembly. We will see a rise of up to 30 %.

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