I concur that this would be an excellent interview!
I would be really surprised if the Magazine just vanished... They've built years worth of archived articles and a large customer base, as well as regular article writers and advertisers.
I would think that somebody would be capable of taking this over, if profitability as a print publication is an issue they could easily move to an online-only service. Just putting up all of their archived articles would drive some pretty serious search engine traffic and advertisement revenue. They could offer free online subscriptions and still have revenue coming in from advertisers to pay contributing writers. With the number of online-aware skydivers increasing each year - it would have a long life ahead of itself.