»»Qantas Suspends First Class on Some International Services
Qantas will drop first-class travel on some of its international Boeing 747 services between July 6 and October 31. The move affects three long-haul routes: Sydney-Buenos Aires, Sydney-San Francisco and Melbourne-Hong Kong-London.

Qantas isn’t removing first-class seats, but just that level of service, that means some customers will get a first-class seat at business-class prices.
“We’ll sell it as a business-class service so they’ll get business-class product and service but some people will be sitting in a first-class seat,” Qantas spokeswoman said.
Qantas took the move for the three routes because there was no demand for its first-class product. Globally, the demand for first-class travel is the hardest affected by the international financial crisis. IATA figures show long-haul markets connecting the Asia-Pacific region were the weakest of any area in the first quarter of this year, with first- and business-class passenger numbers falling 29.2 per cent compared with a global average of 19.2 per cent. (source)

