Cheap flights from Panama City to Lima from £174

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 5/3. Fares are subject to change and may not be available on all flights or dates of travel.
PTY — LIM
27 Jan — 3 Feb1
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 28 December 2025.

Sun 28/1221:40PTY - LIM
Nonstop3h 40mCopa Airlines
Tue 24/203:30LIM - PTY
Nonstop3h 39mCopa Airlines
Deal found 28/12£320
Sun 28/1215:34PTY - LIM
Nonstop3h 41mCopa Airlines
Tue 30/1202:15LIM - PTY
Nonstop3h 38mCopa Airlines
Deal found 28/12£321
Tue 30/1212:02PTY - LIM
Nonstop3h 38mCopa Airlines
Mon 5/113:20LIM - PTY
Nonstop3h 39mCopa Airlines
Deal found 27/12£411
Mon 29/1221:40PTY - LIM
Nonstop3h 40mCopa Airlines
Mon 5/113:20LIM - PTY
Nonstop3h 39mCopa Airlines
Deal found 28/12£478
Sun 28/1215:34PTY - LIM
Nonstop3h 41mCopa Airlines
Sat 3/102:15LIM - PTY
Nonstop3h 39mCopa Airlines
Deal found 27/12£574
Sun 28/1211:25PTY - LIM
2 stops13h 25mAvianca
Mon 5/103:00LIM - PTY
2 stops11h 55mAvianca
Deal found 27/12£810

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 28 December 2025.

Round-trip from

£318

One-way from

£174

Popular in

July

Cheapest in

March

Average price

£327
Avianca
  • Avianca
  • 10/2-17/2
  • 2 total stops
  • 14h 25m total
  • Panama City to Lima
Avianca
  • Avianca
  • 5/3
  • 1 total stop
  • 7h 50m total
  • Panama City to Lima
Highest demand for flights based on searches. 1% potential increase in price (£3 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 December 2025

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 28 December 2025.
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

Wed 1/4

20:03-23:40

Nonstop3h 37m

Lima J Chavez Intl

Sun 5/4

04:00-07:35

Nonstop3h 35m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Sat 21/2

08:47-12:25

Nonstop3h 38m

Lima J Chavez Intl

Mon 2/3

10:30-14:12

Nonstop3h 42m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Thu 16/4

15:38-19:15

Nonstop3h 37m

Lima J Chavez Intl

Wed 22/4

04:00-07:35

Nonstop3h 35m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Sat 24/1

21:15-00:55

Nonstop3h 40m

Lima J Chavez Intl

Wed 28/1

02:35-06:12

Nonstop3h 37m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Mon 9/3

08:47-12:25

Nonstop3h 38m

Lima J Chavez Intl

Sat 21/3

10:30-14:12

Nonstop3h 42m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Fri 3/4

21:18-00:55

Nonstop3h 37m

Lima J Chavez Intl

Tue 7/4

07:00-10:45

Nonstop3h 45m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Fri 13/2

15:28-19:15

Nonstop3h 47m

Lima J Chavez Intl

Wed 18/2

07:00-10:39

Nonstop3h 39m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Fri 6/2

08:47-12:25

Nonstop3h 38m

Lima J Chavez Intl

Tue 17/2

07:00-10:39

Nonstop3h 39m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Tue 10/2

12:01-15:40

Nonstop3h 39m

Lima J Chavez Intl

Tue 17/2

10:30-14:10

Nonstop3h 40m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Sun 22/3

20:00-23:40

Nonstop3h 40m

Lima J Chavez Intl

Fri 27/3

02:35-06:12

Nonstop3h 37m

£320

Flights are sorted by cheapest return flights first.

Deals found on 27/12

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 26 December 2025.

The best time to book flights from Panama City to Lima is 78 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 £153). Flying from Panama City to Lima in October is currently the most expensive (average of £255). 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 28 December 2025.

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.

How much does it cost for a return flight from Panama City to Lima?

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 £320, Copa Airlines can have you in Lima from Panama City in 3h 38m. The distance from Panama City to Lima is about 1465 mi. Generally, flights for this route are direct.

  • 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 (93%), Copa Airlines (91%).

  • 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 £153). Flying from Panama City to Lima in October is currently the most expensive (average of £255). 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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