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.
FSA releases new progress report on financial crime defences
Changes planned for how government-run companies prepare accounts
New business guide deals with stopping WMD financing
Office space up for rent at Ronaldsway Airport
Have your say on the future of the Island's economy
Port St Mary hosts first business support drop-in session today
Government releases guidance for businesses ahead of vape tax
Survey shows low approval rating for Island clothing shops
