Lufthansa Airlines, Germany’s flag carrier has decided to reduce First Class seats on its Long-haul flights. The airline intends to reduce its First Class section as much as 75 percent. The airline has been forced to take this step after facing a huge decline in the demand on First Class tickets.

At present the airline has its premium cabin class in close to 90 percent of its wide-body aircrafts. Christoph Franz, CEO Lufthansa said that they will start slashing first-class seats very soon and will be able to complete their target by 2014.

Airbus A340-300 and Boeing 747-400s will be under the knife in this trim down project. Vancouver is the first city to face this brunt. The airline will be reducing first-class seats to Vancouver by 75 percent. At present the return ticket cost to Vancouver is costing around $13,400, a price in which one can easily buy a small car.