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Cheap flights from Lima to Panama City from £202

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 26/3. Fares are subject to change and may not be available on all flights or dates of travel.
LIM — PTY
17 Feb — 24 Feb1
1 adult
1 adult, Economy, 0 bags
Cheapflights Tip: The best prices from Lima J Chavez Intl to Panama City Tocumen Intl are usually found in March or June, booked 81 days in advance, depart on a Friday or Tuesday and return on a Monday

Cheap flight deals from Lima to Panama City

Discover tips and strategies to find the most affordable flight options for your journey from Lima (LIM) to Panama City (PTY). 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 January 2026.

Round-trip from

£348

One-way from

£202

Popular in

December

Cheapest in

March

Average price

£361

Good one-way deal

£163 or less
Avianca
  • Avianca
  • 4/2-8/2
  • 2 total stops
  • 17h 50m total
  • Lima to Panama City
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Avianca
  • Avianca
  • 26/3
  • 1 total stop
  • 11h 05m total
  • Lima to Panama City
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Highest demand for flights based on searches. 4% potential increase in price (£12 potential increase over avg. return price).
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Cheapest flight prices on average. 0% potential price decrease (£3 potential savings vs. average return price).
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Average for round-trip flights in January 2026
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Price to beat on a one-way flight from Lima J Chavez Intl to Panama City Tocumen Intl.
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Find flight deals from Lima to Panama City

Enter your travel dates to find the best prices.

Cheapest flights from Lima to Panama City
Explore the most affordable flight options available from Lima to Panama City. Find the lowest fares from popular airlines and budget airlines, with prices last updated on 18 January 2026.

Wed 4/202:55
LIM
-
PTY
1 stop11h 05m
Avianca
Sun 8/209:45
PTY
-
LIM
1 stop6h 45m
Avianca
Deal found 17/1£348
Wed 11/213:20
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Tue 17/221:15
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Deal found 18/1£362
Mon 18/504:00
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Sat 23/521:20
PTY
-
LIM
Nonstop3h 35m
Copa Airlines
Deal found 17/1£373
Wed 10/604:00
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Mon 15/619:07
PTY
-
LIM
Nonstop3h 38m
Copa Airlines
Deal found 18/1£383
Thu 12/210:30
LIM
-
PTY
Nonstop3h 40m
Copa Airlines
Wed 18/212:01
PTY
-
LIM
Nonstop3h 39m
Copa Airlines
Deal found 17/1£390
Sun 1/216:40
LIM
-
PTY
Nonstop3h 41m
Copa Airlines
Tue 10/221:40
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Deal found 17/1£403
Mon 16/213:20
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Fri 20/212:01
PTY
-
LIM
Nonstop3h 39m
Copa Airlines
Deal found 18/1£406
Mon 2/213:20
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Sat 7/212:01
PTY
-
LIM
Nonstop3h 39m
Copa Airlines
Deal found 17/1£412
Wed 28/107:00
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Sat 31/112:01
PTY
-
LIM
Nonstop3h 39m
Copa Airlines
Deal found 17/1£417
Sun 25/102:15
LIM
-
PTY
Nonstop3h 39m
Copa Airlines
Sat 31/120:00
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Deal found 17/1£434
Fri 23/1007:00
LIM
-
PTY
Nonstop3h 45m
Copa Airlines
Thu 29/1021:15
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Deal found 18/1£445
Thu 22/110:30
LIM
-
PTY
Nonstop3h 40m
Copa Airlines
Thu 29/121:40
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Deal found 17/1£461

Cheapflights Fare Finder

 
Customise your flight search to find flights from Lima to Panama City 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 January 2026.
Use the filters below to find and compare flights from Lima to Panama City that are best for you.

Fly from

Lima

Fly to

Panama City

Route

Depart

Return

Price

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Sun 8/3

02:35-06:12

Nonstop3h 37m

Panama City Tocumen Intl

Mon 16/3

21:15-00:55

Nonstop3h 40m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Wed 4/3

07:00-10:41

Nonstop3h 41m

Panama City Tocumen Intl

Tue 10/3

15:28-19:15

Nonstop3h 47m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Tue 24/3

03:30-07:09

Nonstop3h 39m

Panama City Tocumen Intl

Tue 31/3

21:42-01:20

Nonstop3h 38m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Fri 13/3

10:30-14:12

Nonstop3h 42m

Panama City Tocumen Intl

Tue 17/3

08:47-12:25

Nonstop3h 38m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Tue 17/3

16:40-20:23

Nonstop3h 43m

Panama City Tocumen Intl

Thu 26/3

12:01-15:40

Nonstop3h 39m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Tue 31/3

13:20-17:01

Nonstop3h 41m

Panama City Tocumen Intl

Mon 6/4

08:48-12:25

Nonstop3h 37m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Sun 1/3

03:30-07:09

Nonstop3h 39m

Panama City Tocumen Intl

Sat 7/3

08:47-12:25

Nonstop3h 38m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Sat 14/3

02:15-05:46

Nonstop3h 31m

Panama City Tocumen Intl

Sun 22/3

19:04-22:45

Nonstop3h 41m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Sun 1/3

02:15-05:46

Nonstop3h 31m

Panama City Tocumen Intl

Sun 8/3

19:04-22:45

Nonstop3h 41m

£362

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Mon 9/2

16:40-20:21

Nonstop3h 41m

Panama City Tocumen Intl

Fri 13/2

21:15-00:55

Nonstop3h 40m

£362

Flights are sorted by cheapest return flights first.

Deals found on 17/1

Showing 1-10 of 22 results
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Best time to book a flight from Lima to Panama City

Have a flexible travel schedule? Discover the best time to fly to Panama City from Lima 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 Lima to Panama City

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

Use this chart to determine the optimal time to book a return flight from Lima to Panama City. Price data was last updated on 16 January 2026.

The price you pay for your flight from Lima to Panama City may vary depending on when you book. For the best chance of a lower fare, look to book 81 days in advance of your trip. Fares are likely to increase a fortnight or so before your departure date.

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

Currently, June is the cheapest month in which you can book a flight from Lima to Panama City (average of £143). Flying from Lima to Panama City in November is currently the most expensive (average of £273). 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 LIM to PTY?

Find hourly flight availability from Lima to Panama City. Discover flight options and departure times throughout the day, allowing you to choose a departure time that suits your schedule. Data last updated 18 January 2026.

A simple way to save on the total cost of your ticket is to fly from Lima to Panama City in the morning. If you’re flexible enough to do this you can expect to save up to 60% on your trip compared to booking a flight at midday.

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

Related info for your journey

Find useful and relevant information for your journey from Lima to Panama City. 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 Lima to Panama City flight route?

    Flights from Lima J Chavez Intl to Panama City Tocumen Intl have been viewed 2 times in the past calendar month.

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

    For as low as £362, Copa Airlines can have you in Panama City from Lima in 3h 37m. The distance from Lima to Panama City is about 1465 mi. All flights are typically direct.

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

    The top 3 most reliable airlines when flying from Lima to Panama City are Copa Airlines (89%), Air France (88%) and Webjet Linhas Aereas (88%).

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

    While on average a flight from Lima to Panama City is generally £165, our data shows the cheapest flight currently is £163. When looking at the most popular route, (Lima J Chavez Intl - Panama City Tocumen Intl), you can expect to pay £333 for that flight.

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

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

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

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

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

    Yes. Cheapflights offers flight deals from Lima to Panama City 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 Lima to Panama City?

    Currently, June is the cheapest month in which you can book a flight from Lima to Panama City (average of £143). Flying from Lima to Panama City in November is currently the most expensive (average of £273). 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.

See more FAQs

Travelling to a place near Panama City?

Book flights to Panama City if you plan to visit one of these locations
San Blas

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Certainly. Search results for flights to Panama City from Lima shown to you on Cheapflights can be narrowed down with different useful search filters, which includes flexible booking options.

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