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By 2007, provincial airports suffered from deficits after a drop in the number of passengers attributed to the KTX. [136] With lower ticket prices, by 2008, KTX has swallowed up around half of the airlines' previous demand between Seoul and Busan (falling from 5.3 million passengers in 2003 to 2.4 million). [137]
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High-speed rail service in South Korea began with the construction of a high-speed line from Seoul to Busan in 1992, and was inspired by Japan's Shinkansen. The first commercial high-speed rail service was launched on 1 April 2004. Currently, South Korea hosts two high-speed rail operators: Korea Train eXpress (KTX) and Super Rapid Train (SRT).
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The Gyeongbu high-speed railway, also known as Gyeongbu HSR, is South Korea's first high-speed rail line from Seoul to Busan. KTX high-speed trains operate three sections of the line: on 1 April 2004, the first between a junction near Geumcheon-gu Office station, Seoul and a junction at Daejeonjochajang station north of Daejeon, and a second between a junction at Okcheon station, southeast of ...
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