[css] How to vertically align label and input in Bootstrap 3?

How to vertically align label and input in Bootstrap 3? I would like both the label and input on same line. I have played around with different classes and custom CSS but nothing seems to work.

The JSfiddle

<div class="form-group">
    <div class="row">
        <div class="col-xs-3">
            <label for="class_type"><h2><span class=" label label-primary">Class Type</span></h2></label>
        </div>
        <div class="col-xs-2">
            <select name="class_type" id="class_type" class="  form-control input-lg" style="width:200px" autocomplete="off">
                <option >Economy</option>
                <option >Premium Economy</option>
                <option >Club World</option>
                <option >First Class</option>
            </select>
        </div>
     </div>
</div>

The bootstrap 3 docs for horizontal forms let you use the .form-horizontal class to make your form labels and inputs vertically aligned. The structure for these forms is:

<form class="form-horizontal" role="form">
  <div class="form-group">
    <label for="input1" class="col-lg-2 control-label">Label1</label>
    <div class="col-lg-10">
      <input type="text" class="form-control" id="input1" placeholder="Input1">
    </div>
  </div>
  <div class="form-group">
    <label for="input2" class="col-lg-2 control-label">Label2</label>
    <div class="col-lg-10">
      <input type="password" class="form-control" id="input2" placeholder="Input2">
    </div>
  </div>
</form>

Therefore, your form should look like this:

<form class="form-horizontal" role="form">
    <div class="form-group">
        <div class="col-xs-3">
            <label for="class_type"><h2><span class=" label label-primary">Class Type</span></h2></label>
        </div>
        <div class="col-xs-2">
            <select id="class_type" class="form-control input-lg" autocomplete="off">
                <option>Economy</option>
                <option>Premium Economy</option>
                <option>Club World</option>
                <option>First Class</option>
            </select>
        </div>
    </div>
</form>

None of these solutions worked for me. But I was able to get vertical centering by using <div class="form-row align-items-center"> for each form row, per the Bootstrap examples.

This works perfectly for me in Bootstrap 4.

<div class="form-row align-items-center">
   <div class="col-md-2">
     <label for="FirstName" style="margin-bottom:0rem !important;">First Name</label>
 </div>
 <div class="col-md-10">
    <input type="text" id="FirstName" name="FirstName" class="form-control" val=""/>
  /div>
</div>

I'm sure you've found your answer by now, but for those who are still looking for an answer:

When input-lg is used, margins mismatch unless you use form-group-lg in addition to form-group class. Its example is in docs:

<form class="form-horizontal">
  <div class="form-group form-group-lg">
    <label class="col-sm-2 control-label" for="formGroupInputLarge">Large label</label>
    <div class="col-sm-10">
      <input class="form-control" type="text" id="formGroupInputLarge" placeholder="Large input">
    </div>
  </div>
  <div class="form-group form-group-sm">
    <label class="col-sm-2 control-label" for="formGroupInputSmall">Small label</label>
    <div class="col-sm-10">
      <input class="form-control" type="text" id="formGroupInputSmall" placeholder="Small input">
    </div>
  </div>
</form>