Miss Flinders is set for its next destination after being removed from display at the Queen Victoria Museum and Art Gallery.
The plane has been on display for about 10 years, but had to be removed because of museum guidelines.
The Tasmanian Aviation Historical Society president Andrew Johnson said the organisation has some plans to ensure it remains on display.
"It's now going to go to a storage facility for short term until we work out a new display venue for us," he said.
"We at the Tasmanian aviation Historical Society feel it's a significant aircraft. There are quite a lot of significant aviation stories in Tasmania and this is one of them."
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The plane was one of the first to fly passengers and mail to Flinders Island. It later became part of the Holyman brothers' fleet.
Pilots used to get residents on Flinders Island to lite a fire to see which way the wind was blowing and to show where to land.
Mr Johnson said the plane had a very special family connection.
"Lori Johnson was the owner of the aircraft. He purchased it in 1932, when it came out from the UK, and he owned it and began the airline service. He was my grandfather," Mr Johnson said.
"I was fortunate enough when I was working at QVMAG, part of my role was putting it back together to put it on display. And here I am 10 years later taking responsibility for it again."
The plane was on loan to the QVMAG from the federal government, with Bass Liberal MHA Bridget Archer confirming the government had agreed to gift the Miss Flinders to the TAHS.
"TAHS has a plan to increase its support and funding base for the care of the aircraft which plays an important part in Tasmania's aviation history," she said.
"I appreciate the important role that TAHS is taking on in the ongoing preservation and display of Miss Flinders."
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