Cheap flights from Panama City to Lima from £156

This is the cheapest one-way flight price found by a Cheapflights user in the last 72 hours by searching for a flight departing on 19/5. Fares are subject to change and may not be available on all flights or dates of travel.
PTY — LIM
18 Mar — 25 Mar1
1 adult
1 adult, Economy, 0 bags

Cheap flight deals from Panama City to Lima

Enter your travel dates to find the best prices.

Cheapest flights from Panama City to Lima
Explore the most affordable flight options available from Panama City to Lima. Find the lowest fares from popular airlines and budget airlines, with prices last updated on 16 February 2026.

Thu 5/314:55
PTY
-
LIM
1 stop10h 55m
Avianca
Tue 10/301:50
LIM
-
PTY
1 stop12h 10m
Avianca
Deal found 14/2£308
Sun 21/617:55
PTY
-
LIM
1 stop6h 55m
Avianca
Fri 26/617:35
LIM
-
PTY
1 stop7h 30m
Avianca
Deal found 12/2£316
Mon 1/608:51
PTY
-
LIM
Nonstop3h 34m
Copa Airlines
Mon 31/811:00
LIM
-
PTY
Nonstop3h 45m
Copa Airlines
Deal found 13/2£320
Wed 1/421:18
PTY
-
LIM
Nonstop3h 37m
Copa Airlines
Sun 5/416:40
LIM
-
PTY
Nonstop3h 45m
Copa Airlines
Deal found 16/2£332
Sun 15/320:00
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Thu 26/313:20
LIM
-
PTY
Nonstop3h 41m
Copa Airlines
Deal found 16/2£336
Mon 2/312:01
PTY
-
LIM
Nonstop3h 39m
Copa Airlines
Thu 5/316:40
LIM
-
PTY
Nonstop3h 43m
Copa Airlines
Deal found 13/2£348
Thu 20/819:09
PTY
-
LIM
Nonstop3h 36m
Copa Airlines
Wed 26/802:15
LIM
-
PTY
Nonstop3h 37m
Copa Airlines
Deal found 12/2£355
Thu 19/212:01
PTY
-
LIM
Nonstop3h 39m
Copa Airlines
Mon 23/216:40
LIM
-
PTY
Nonstop3h 41m
Copa Airlines
Deal found 12/2£359
Sat 14/320:00
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Sat 21/313:20
LIM
-
PTY
Nonstop3h 41m
Copa Airlines
Deal found 13/2£370
Sat 21/208:47
PTY
-
LIM
Nonstop3h 38m
Copa Airlines
Sat 28/213:20
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Deal found 13/2£375
Sat 31/1021:15
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Wed 4/1103:30
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Deal found 13/2£403

Find flight deals from Panama City to Lima

Discover tips and strategies to find the most affordable flight options for your journey from Panama City (PTY) to Lima (LIM). Learn about various techniques such as flexible date searches, comparing prices across and setting up price alerts. Use these methods to find the cheapest flights available for your travel needs. Data last updated 16 February 2026.

Round-trip from

£308

One-way from

£156

Popular in

February

Cheapest in

May

Average price

£324
Avianca
  • Avianca
  • 5/3-10/3
  • 2 total stops
  • 23h 05m total
  • Panama City to Lima
Avianca
  • Avianca
  • 19/5
  • 1 total stop
  • 10h 35m total
  • Panama City to Lima
Highest demand for flights based on searches. 0% potential increase in price (£2 potential increase over avg. return price).
Cheapest flight prices on average. 0% potential price decrease (£2 potential savings vs. average return price).
Average for round-trip flights in February 2026

Cheapflights Fare Finder

 
Customise your flight search to find flights from Panama City to Lima that fit within your specific budget. Explore options based on user searches and filter the results based on your desired price range. Find flights that match your budget for a cost-effective journey. Over the last 7 days, Cheapflights users made 858,174 searches. Data last updated 16 February 2026.
Use the filters below to find and compare flights from Panama City to Lima that are best for you.

Fly from

Panama City

Fly to

Lima

Route

Depart

Return

Price

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Thu 5/3

14:55-01:50

1 stop10h 55m

Lima J Chavez Intl

Tue 10/3

01:50-14:00

1 stop12h 10m

£308

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Mon 22/6

17:55-01:45

1 stop7h 50m

Lima J Chavez Intl

Thu 25/6

01:40-09:15

1 stop7h 35m

£316

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Sun 21/6

17:55-00:50

1 stop6h 55m

Lima J Chavez Intl

Fri 26/6

17:35-01:05

1 stop7h 30m

£316

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Fri 26/6

15:10-20:50

1 stop5h 40m

Lima J Chavez Intl

Sat 27/6

17:35-01:05

1 stop7h 30m

£316

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Sun 21/6

17:55-00:50

1 stop6h 55m

Lima J Chavez Intl

Sat 27/6

07:30-14:15

1 stop6h 45m

£316

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Sun 15/3

21:15-00:55

Nonstop3h 40m

Lima J Chavez Intl

Sat 21/3

02:15-05:46

Nonstop3h 31m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Sun 15/3

21:15-00:55

Nonstop3h 40m

Lima J Chavez Intl

Wed 25/3

07:00-10:41

Nonstop3h 41m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Mon 22/6

19:07-22:45

Nonstop3h 38m

Lima J Chavez Intl

Mon 6/7

02:15-05:52

Nonstop3h 37m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Thu 4/6

08:51-12:25

Nonstop3h 34m

Lima J Chavez Intl

Wed 1/7

16:40-20:25

Nonstop3h 45m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Mon 1/6

08:51-12:25

Nonstop3h 34m

Lima J Chavez Intl

Mon 31/8

11:00-14:45

Nonstop3h 45m

£320

Flights are sorted by cheapest return flights first.

Deals found on 14/2

Showing 1-10 of 19 results
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Best time to book a flight from Panama City to Lima

Have a flexible travel schedule? Discover the best time to fly to Lima from Panama City with our price prediction graph.
Estimated return price
Rates are based on past data. Find the cheapest month and day to book your flight based on your travel requirements, then search for cheap deals.

Cheapflights Insights

Everything you need to know about your flight from Panama City to Lima

How far ahead should I book a flight from Panama City to Lima?

Use this chart to determine the optimal time to book a return flight from Panama City to Lima. Price data was last updated on 13 February 2026.

The best time to book flights from Panama City to Lima is 46 days before your desired departure date. The cost of your flight will likely increase significantly if you book two weeks in advance of your flight.

What is the cheapest month to book a flight from Panama City to Lima?

Currently, August is the cheapest month in which you can book a flight from Panama City to Lima (average of £152). Flying from Panama City to Lima in December is currently the most expensive (average of £277). There are several factors that can impact the price of a flight, so comparing airlines, departure airports and flight times can provide users with more options.

What is the cheapest time of day to fly from PTY to LIM?

Find hourly flight availability from Panama City to Lima. Discover flight options and departure times throughout the day, allowing you to choose a departure time that suits your schedule. Data last updated 16 February 2026.

Regardless of the time of day you decide to fly, the ticket price will remain around the same. Book flights from Panama City to Lima as you normally would.

Related info for your journey

Find useful and relevant information for your journey from Panama City to Lima. Access travel guides, tips, and recommendations to enhance your travel experience. Get information about local attractions, weather, transportation options, and more.
  • How popular is this Panama City to Lima flight route?

  • How long is the flight from Panama City to Lima?

    For as low as £308, Avianca can have you in Lima from Panama City in 10h 55m. The distance from Panama City to Lima is about 1465 mi.

  • What are the most reliable airlines from Panama City to Lima?

    Looking for the most reliable airlines to get you to your destination on time? Our data shows these are most likely to get you from Panama City to Lima on time: Webjet Linhas Aereas (100%), Air France (90%), KLM (89%).

  • Can I find deals for flights from Panama City to Lima that include hotel bookings?

    Yes. In addition to deals on Panama City to Lima flights, Cheapflights offers holiday packages that include both flights and hotel.

  • How can I find direct flights from Panama City to Lima?

    After entering your origin and destination, apply the non-stop filter on the search result page to find direct flights from Panama City to Lima.

  • Can I find deals for business class flights from Panama City to Lima?

    Yes. Cheapflights offers flight deals from Panama City to Lima by cabin class. In addition to browsing deals, you can also filter by cabin class on the search results page after making a search.

  • What is the cheapest month to book a flight from Panama City to Lima?

    Currently, August is the cheapest month in which you can book a flight from Panama City to Lima (average of £152). Flying from Panama City to Lima in December is currently the most expensive (average of £277). There are several factors that can impact the price of a flight, so comparing airlines, departure airports and flight times can provide users with more options.

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Cheapflights does show flights with no change fees to all users. To see these options for flights from Panama City to Lima, users can toggle the no change fees filter when performing a flight search.

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Yes! Start tracking prices for Panama City to Lima flights today and get alerted whenever prices for these flights change. To access this feature, click the bell icon next to the flight deals above, which will prompt you for a valid email address to receive your alerts.

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