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Lufthansa to Shrink First-Class Fleet Below British Airways

Deutsche Lufthansa AG will reduce the proportion of long-haul planes with first-class seats to 75 percent, responding to waning demand for airfare tickets that can command the price of a small car.

Lufthansa now has top-end cabins in more than 90 percent of its wide-body fleet, Chief Executive Officer Christoph Franz said in an interview. Some will disappear from the Airbus SAS A340-300 this year and Boeing Co. 747-400s in 2014. Destinations set to lose the first-class option include Vancouver, for which a return ticket next week costs 10,020 euros ($13,400).