BBC story : they have a transitional loan from the German government which, it is speculated, should keep them operating until November (conveniently past the late-September elections). We have a trip to Italy with them in September, and hope that's safe. At this point it's risky to book a ticket from them much ahead. If you book an American Airlines award with them, you can hope AA will find another routing, but it's uncertain whether, if it's on British Airways, you'd need to pay their exorbitant fees on awards.