Here's a story that seems to summarize the latest on Southern Winds. For consumers, it's not all bad news. Reading between the lines, it seems like the Argentine gov't has set the groundwork for an orderly transition from SW to LanArgentina. If I were in the unfortunate position of being a future-date SW ticketholder, this plan would seem to offer at least some hope that my ticket would be honored, even if SW does disappear.
That said, I would still obviously not buy a new SW ticket until the situation is further clarified.
http://www.falkland-malvinas.com/Detalle.asp?NUM=5286