The Scottish airline is being sold with the hope of new owners taking over next year.
The carrier’s CEO, Jonathan Hinkles confirmed on his LinkedIn page that shareholders are looking to finding "the right future owner"..
Stephen and Peter Bond plan to step back from the day to day business.
The brothers have been sole owners of the company since 2012.
Mr Hinkle added: "The airline is trading profitably and has repaid its Covid-19 bank debt ahead of schedule".
Loganair operates more than 40 aircraft and serves 80 routes.
It currently runs several flights from the Isle of Man including Manchester, Edinburgh, Liverpool, Birmingham and London.
PokerStars Isle of Man faces uncertainty over Flutter job cuts
Businesses invite to sponsor Island Games 2029
Isle of Man to change sanction rules following UK
Island company unveils AI voicemail alternative
Deadline approaches for kiosk lease applications
Updated sanction lists across four different countries
Peel Lifeboat receives generous donation
Beach sauna plans submitted for the south of the Island
