The Pair Approximation method has been formulated for the isotropic ferromagnetic Heisenberg model with spin $S=1$. The exchange interactions of arbitrary range have been taken into account. The single-ion anisotropy has been considered as well as the external magnetic field. Within the method, the Gibbs free-energy has been derived, from which all thermodynamic properties can be self-consistently obtained. In order to illustrate the developed formalism, the numerical calculations have been performed for CrIAs planar magnetic semiconductor, a hypothetical material whose existence has been recently predicted by the Density Functional Theory-based calculations. For this model material, all the relevant thermodynamic magnetic properties have been studied. The numerical results have been presented in the figures and discussed.
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