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The Super Rapid Train (SRT) is a high-speed rail service operated by SR Corporation; it was launched on 9 December 2016. By
January 2021, the service consisted of two routes, Suseo–Busan and Suseo–Mokpo. For 2020, SR Corporation achieved a market share of 29 percent upon these two routes against the
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In
December 2022, it was announced that the planned merger between SR Corporation and Korail, a move that the latter had strongly advocated for, had been abandoned. During January 2023, Lee Jong-guk, SR’s newly appointed CEO, announced that the company would be pursuing greater independence from its
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services, paying 50 percent of its sales revenue against the KTX's 34 percent. SR Corporation has claimed that its presence has increased competition, driving down ticket prices and raising service quality overall, while also contributing to repay the accumulated debts from the construction of
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Throughout SR Corporation's existence multiple proposals have been mooted for merging it with Korail. In 2017, a taskforce organised by the
Ministry of Land, Infrastructure and Transport reviewed one such merger initiative; the terms of the envisioned merger were publicly opposed by SR's
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service. Ticket prices have typically been cheaper than KTX equivalents, the average price being around 10% cheaper in late 2016. The SRT runs the Seoul-Busan route eight minutes faster than KTX. In August 2019, amid a souring of trade relations between South Korea and
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majority shareholder, Korail; furthermore, that a comprehensive review of all existing contracts would be conducted. Specific areas of independence include a planned expansion of internal maintenance of rolling stock, including component production.
228:(Super Rapid Train) services, initially running between Suseo–Busan on a newly-opened high speed line. Being an open-access operator, it is charged more for track access by the to the Korea Rail Network Authority than those imposed on Korail's
213:水西高速鐵道株式會社) in December 2013. It was founded with the ambition of increasing competition in the South Korean railway sector and end the monopoloy on Korean passenger operations by the national passenger operator incumbent
181:(Super Rapid Train) services on an open-access basis. By January 2021, the company's services called at 17 stations, three of which it managed directly. The merger of SR Corporation and the national passenger operator
269:, SR Corporation announced that it would replace all Japanese components present in its rolling stock with locally-produced counterparts; efforts are being made to reduce reliance on other exporters such as
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The company was established in
December 2013 and adopted its current name in June 2014. In December 2016, SR Corporation officially launched its
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services. Recent initiatives have included the greater use of local component production and the in-housing of rolling stock maintenance.
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has been repeatedly mooted and fallen through; presently the company remains an independent competitor to the incumbent's
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217:. During June 2014, it was announced that the company name would be changed to
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739:"S. Korean train operator seeks to replace Japanese parts with Korean parts"
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469:"KTX: South Korea's high-speed rail network goes from strength to strength"
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172:, is a South Korean rail operator that operates high-speed rail services.
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Operator of Super Rapid Train (SRT) high-speed rail service in South Korea
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627:"Supreme Rail pushes for more independence from Korail"
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646:"New SR railway company to launch super rapid trains"
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In
December 2016, SR Corporation officially launched
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205:The organisation was originally established as the
595:. Railway Gazette International. 5 December 2018.
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737:Hee-seok, Choi; Eun-joo, Lee (28 August 2019).
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107:Ministry of Land, Infrastructure and Transport
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593:"Korail-Supreme Railways merger plan back on"
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575:"Supreme Rail merger with Korail postponed"
75:Heerim Building, 12 Gwangpyeong-ro 56-gil,
1107:South Korean companies established in 2013
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490:"KTX and SR merger faces rough prospects"
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351:"[단독]수서고속철도→에스알→?…SR 6년만에 이름 바꾸나"
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665:"[철도의날 특집] 수도권고속철도 운영기업 (주)SR"
644:Jackson, Julie Kim (5 December 2016).
382:"Supreme Railways fights for survival"
330:from the original on 26 September 2020
1092:Railway companies established in 2013
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675:from the original on 20 January 2021
663:Byung-kyu, Sun (21 September 2016).
522:from the original on 20 January 2021
422:from the original on 20 January 2021
392:from the original on 20 January 2021
361:from the original on 20 January 2021
608:"Merger of KORAIL and SR postponed"
606:Kyung-min, Lee (20 December 2022).
512:"Korea opens Suseo high-speed line"
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13:
973:East Sea & Santa Village Train
710:"수서고속철 내달 9일 개통…117년만에 철도경쟁시대 열린다"
543:"수서고속철 내달 9일 개통…117년만에 철도경쟁시대 열린다"
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380:Briginshaw, David (1 June 2018).
207:Suseo High Speed Rail Corporation
166:Suseo High Speed Rail Corporation
39:Suseo High Speed Rail Corporation
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697:. fitchratings.com. 18 May 2021.
573:Tebay, Andy (23 December 2022).
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510:Tebay, Andy (9 December 2016).
467:Lee, Juhyung (10 August 2017).
349:Jeong-hwan, Lim (2 July 2020).
625:Tebay, Andy (9 January 2023).
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939:Korail Tourist train Services
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805:passenger train services of
233:Korea’s high-speed network.
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708:윤, 보람 (20 November 2016).
631:International Rail Journal
579:International Rail Journal
541:윤, 보람 (20 November 2016).
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471:. globalrailwayreview.com.
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1097:Companies based in Seoul
855:(operated by subsidiary
824:KTX lines and services
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59:; 10 years ago
57:December 27, 2013
1010:Gyeongui–Jungang Line
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412:"Exclusive Stations"
1102:South Korean brands
1039:Discontinued Trains
1005:Seoul Subway Line 4
1000:Seoul Subway Line 3
995:Seoul Subway Line 1
948:Rail Cruise Haerang
201:SR Logo (2014~2024)
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765:Online reservation
741:. pulsenews.co.kr.
715:Yonhap News Agency
548:Yonhap News Agency
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1020:Suin–Bundang Line
255:Super Rapid Train
168:), also known as
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295:"Shareholders"
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1030:Donghae Line
914:Mugunghwa-ho
886:ITX-Saemaeul
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838:KTX-Sancheon
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144:etk.srail.kr
72:Headquarters
18:
1025:Seohae Line
919:Saemaeul-ho
879: : ITX
718:(in Korean)
551:(in Korean)
448:(in Korean)
275:Netherlands
239:trade union
211:수서고속철도주식회사,
164:, formerly
158::
140:srail.or.kr
1081:Categories
1051:Bidulgi-ho
722:17 January
679:20 January
669:Kukto Ilbo
555:17 January
526:20 January
452:17 January
426:20 January
396:20 January
365:20 January
334:20 January
281:References
260:incumbent
64:2013-12-27
1066:DMZ Train
1061:Sea Train
1046:Tongil-ho
891:ITX-Maum
817: :
673:Archived
520:Archived
420:Archived
390:Archived
359:Archived
355:Newdaily
328:Archived
273:and the
249:Services
115:(41.05%)
109:(58.95%)
87:Services
44:Industry
36:Formerly
968:V-Train
963:S-Train
958:G-Train
953:A-Train
843:KTX-Eum
320:"SR 연혁"
271:Germany
193:History
136:Website
62: (
54:Founded
985:&
924:Nuriro
807:Korail
442:"SR연혁"
304:2 July
215:Korail
183:Korail
156:Korean
130:Korail
125:Parent
113:Korail
98:Owners
833:KTX-I
267:Japan
93:(SRT)
81:Seoul
724:2022
681:2021
557:2022
528:2021
454:2022
428:2021
398:2021
367:2021
336:2021
306:2024
853:SRT
819:KTX
262:KTX
230:KTX
226:SRT
187:KTX
178:SRT
161:에스알
1083::
857:SR
712:.
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