Cheap flights from Panama City to Lima from £316

This is the cheapest retur flight price found by a Cheapflights user in the last 72 hours by searching for a flight departing on 31/12. Fares are subject to change and may not be available on all flights or dates of travel.
PTY — LIM
18 Oct — 25 Oct1
1 adult
1 adult, Economy

Cheap 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 18 September 2025.

Round-trip from

£316

Popular in

July

Cheapest in

March

Average price

£310

Good round-trip deal

£274 or less
Avianca
  • Avianca
  • 31/12-10/1
  • 2 total stops
  • 13h 45m total
  • Panama City to Lima
Highest demand for flights based on searches. 4% potential increase in price (£9 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 September 2025
Price to beat on a round-trip flight from Panama City Tocumen Intl to Lima J Chavez Intl.

Find flight deals from Panama City to Lima

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 18 September 2025.

Wed 31/1202:55PTY - LIM
1 stop7h 50mAvianca
Sat 10/102:55LIM - PTY
1 stop5h 55mAvianca
Deal found 15/9£316
Mon 22/921:47PTY - LIM
Nonstop3h 33mCopa Airlines
Fri 26/907:00LIM - PTY
Nonstop3h 43mCopa Airlines
Deal found 17/9£317
Fri 21/1102:55PTY - LIM
1 stop7h 50mAvianca
Tue 25/1117:35LIM - PTY
1 stop7h 25mAvianca
Deal found 16/9£318
Fri 17/1015:40PTY - LIM
Nonstop3h 35mCopa Airlines
Fri 24/1016:40LIM - PTY
Nonstop3h 45mCopa Airlines
Deal found 17/9£321
Fri 31/1019:06PTY - LIM
Nonstop3h 39mCopa Airlines
Mon 10/1102:15LIM - PTY
Nonstop3h 38mCopa Airlines
Deal found 17/9£325
Sun 28/1202:55PTY - LIM
1 stop7h 50mAvianca
Fri 9/102:55LIM - PTY
1 stop5h 55mAvianca
Deal found 15/9£333
Thu 9/1012:05PTY - LIM
Nonstop3h 35mCopa Airlines
Fri 17/1011:00LIM - PTY
Nonstop3h 44mCopa Airlines
Deal found 17/9£336
Sun 19/1012:05PTY - LIM
Nonstop3h 35mCopa Airlines
Sun 2/1110:30LIM - PTY
Nonstop3h 43mCopa Airlines
Deal found 16/9£341
Sun 28/1202:55PTY - LIM
1 stop7h 50mAvianca
Wed 7/102:55LIM - PTY
1 stop5h 55mAvianca
Deal found 15/9£343
Wed 1/1008:51PTY - LIM
Nonstop3h 34mCopa Airlines
Fri 3/1007:00LIM - PTY
Nonstop3h 42mCopa Airlines
Deal found 17/9£348

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 18 September 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

Sun 18/1

20:00-23:40

Nonstop3h 40m

Lima J Chavez Intl

Fri 23/1

02:35-06:12

Nonstop3h 37m

£317

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Tue 6/1

20:00-23:40

Nonstop3h 40m

Lima J Chavez Intl

Sat 10/1

10:30-14:10

Nonstop3h 40m

£317

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Fri 31/10

15:40-19:15

Nonstop3h 35m

Lima J Chavez Intl

Thu 6/11

10:30-14:13

Nonstop3h 43m

£317

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Fri 21/11

12:02-15:40

Nonstop3h 38m

Lima J Chavez Intl

Wed 26/11

10:30-14:13

Nonstop3h 43m

£317

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Fri 21/11

02:55-10:45

1 stop7h 50m

Lima J Chavez Intl

Mon 24/11

02:55-08:50

1 stop5h 55m

£318

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Tue 13/1

21:15-00:55

Nonstop3h 40m

Lima J Chavez Intl

Sat 17/1

02:35-06:12

Nonstop3h 37m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Mon 12/1

12:01-15:40

Nonstop3h 39m

Lima J Chavez Intl

Sun 18/1

03:30-07:09

Nonstop3h 39m

£320

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Mon 20/10

12:05-15:40

Nonstop3h 35m

Lima J Chavez Intl

Sun 2/11

10:30-14:13

Nonstop3h 43m

£321

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Sat 8/11

21:15-00:55

Nonstop3h 40m

Lima J Chavez Intl

Sun 16/11

07:00-10:43

Nonstop3h 43m

£321

Panama CityLima

PTY - LIM

PTYLIM

Panama City Tocumen Intl

Wed 1/10

21:22-00:55

Nonstop3h 33m

£352

Flights are sorted by cheapest return flights first.

Deals found on 17/9

Showing 1-10 of 18 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 12 September 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, January is the cheapest month in which you can book a flight from Panama City to Lima (average of £785). Flying from Panama City to Lima in July is currently the most expensive (average of £1,197). 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 18 September 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.

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 £317, Copa Airlines can have you in Lima from Panama City in 3h 40m. 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: Turkish Airlines (89%), KLM (88%), Air France (88%).

  • What are the cheapest flights from Panama City to Lima?

    On average you can expect to pay £274 for a flight from Panama City to Lima. The cheapest flight overall is £274 while the most popular route, (Panama City Tocumen Intl - Lima J Chavez Intl) is currently priced at £313.

  • 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, January is the cheapest month in which you can book a flight from Panama City to Lima (average of £785). Flying from Panama City to Lima in July is currently the most expensive (average of £1,197). 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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