Originally Posted by
zeer0
Correct.
Although in your specific situation I would consider other programs that are more generous with credit for Swiss/Lufthansa first class. For example, Aegean Miles + Bonus awards 300% for all Swiss and Lufthansa first class fares, and you only need 48000 miles in the first year to earn Aegean Gold (*G). This roundtrip would get you there alone, putting you at over 60000 miles if every segment is in First Class.
And past the first year Aegean only requires 24000 miles a year or 12000 + 4 segments on Aegean.
I thought the 48,000 miles on any carrier was to upgrade from Silver to Gold. Starting at zero, I would need 72,000 partner miles. And at 66,000 miles, I'm short.