TransportationAirline partnering with insurers and others to give customers more reward optionsJAL's core airline business is susceptible to swings in demand caused by geopolitical risks. (Photo by Konosuke Urata)SHINO KATAYAMAJuly 8, 2026 00:31 JSTTOKYO -- Japan Airlines is considering investing tens of billions of yen (10 billion yen equals $61.8 million) in its loyalty program by the fiscal year ending March 2031, part of an effort to stabilize the company's earnings and limit exposure to geopolitical risks.