High Speed Rail Has Basically Killed A Dozen Airports In South Korea

Here is why Americans will never have high speed rail (and the same thing has happened in Taiwan and Spain).

airportEleven of the 14 airports managed by the Korean Airports Corporation lost money in 2009 and 2008. Several are ghost airports with no regular flights. Still more developments were suspended and never completed.

High Speed Rail Has Basically Killed A Dozen Airports In South Korea.

Filed under: International High Speed Rail, Passenger Rail Transportatio Policy