Seoul_Metro

Seoul Metro

Seoul Metro

Subway system in Seoul, South Korea


Seoul Transportation Corporation, branded as Seoul Metro (Hangul: 서울교통공사), is a municipal-owned corporation owned by Seoul Metropolitan Government, and one of the two major operators of Seoul Metropolitan Subway with Korail.

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Seoullo Painting in Seoul Metro 1001 Train

History

Management・Performance

In South Korea, seniors aged 65 and over can ride the subway for free. However, due to this country's system, Seoul Metro's deficit is getting worse.

A declining birthrate and aging population are expected to further worsen public finances, and there is even talk of raising the age limit for free passes.

Seoul Metro, the operator of the subway system in Seoul, suffered a net loss of around 1 trillion won annually since 2020, with an accumulated net loss posting a whopping 14 trillion won. A similar problem is occurring at the Korea Railroad Corporation.[3]

Lines and sections

Seoul Metro's service covers part of lines 1, 3, 4 and all of lines 2, 5, 6, 7, 8 & 9. Trains from Lines 1, 3 and 4 through operate with Korail services.[4] Seoul Metro controls the railways and stations owned by the Seoul Metropolitan Government.

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Depots

See also


References

  1. "Seoul Metro Created out of Merger between Two Subway Corporations". The Korea Economic Daily. The Korea Economic Daily. 31 May 2017. Retrieved 1 June 2017.
  2. "서울교통공사 블로그 : 네이버 블로그". blog.naver.com. Retrieved 2021-05-31.

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This article uses material from the Wikipedia article Seoul_Metro, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.