Cheap flights from Lima to Panama City from £165

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 5/5. Fares are subject to change and may not be available on all flights or dates of travel.
LIM — PTY
5 Mar — 12 Mar1
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

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 3 February 2026.

Wed 18/307:30
LIM
-
PTY
1 stop6h 30m
Avianca
Wed 25/317:50
PTY
-
LIM
1 stop7h 00m
Avianca
Deal found 1/2£353
Tue 10/307:30
LIM
-
PTY
1 stop9h 25m
Avianca
Fri 13/317:50
PTY
-
LIM
1 stop7h 00m
Avianca
Deal found 2/2£355
Sat 14/211:45
LIM
-
PTY
1 stop13h 15m
Avianca
Mon 16/202:55
PTY
-
LIM
1 stop7h 50m
Avianca
Deal found 31/1£366
Wed 11/210:30
LIM
-
PTY
Nonstop3h 40m
Copa Airlines
Tue 17/220:00
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Deal found 3/2£366
Sun 12/407:30
LIM
-
PTY
1 stop9h 30m
Avianca
Wed 15/415:10
PTY
-
LIM
1 stop9h 40m
Avianca
Deal found 3/2£367
Sat 28/310:30
LIM
-
PTY
Nonstop3h 42m
Copa Airlines
Sun 5/408:48
PTY
-
LIM
Nonstop3h 37m
Copa Airlines
Deal found 3/2£380
Tue 17/302:15
LIM
-
PTY
Nonstop3h 31m
Copa Airlines
Wed 25/321:15
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Deal found 1/2£391
Fri 13/302:35
LIM
-
PTY
Nonstop3h 37m
Copa Airlines
Sat 21/321:40
PTY
-
LIM
Nonstop3h 40m
Copa Airlines
Deal found 2/2£393
Wed 18/313:40
LIM
-
PTY
2 stops11h 00m
Multiple Airlines
Wed 25/314:55
PTY
-
LIM
1 stop6h 00m
Multiple Airlines
Deal found 1/2£395
Thu 5/217:35
LIM
-
PTY
1 stop23h 20m
Avianca
Sun 8/217:50
PTY
-
LIM
1 stop16h 55m
Avianca
Deal found 2/2£396
Tue 24/216:40
LIM
-
PTY
Nonstop3h 41m
Copa Airlines
Sun 1/308:47
PTY
-
LIM
Nonstop3h 38m
Copa Airlines
Deal found 3/2£397

Find 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 3 February 2026.

Round-trip from

£353

One-way from

£165

Popular in

December

Cheapest in

March

Average price

£321

Good one-way deal

£160 or less
Avianca
  • Avianca
  • 18/3-25/3
  • 2 total stops
  • 13h 30m total
  • Lima to Panama City
Avianca
  • Avianca
  • 5/5
  • 1 total stop
  • 7h 30m total
  • Lima to Panama City
Highest demand for flights based on searches. 4% potential increase in price (£11 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
Price to beat on a one-way flight from Lima J Chavez Intl to Panama City Tocumen Intl.

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 3 February 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

Wed 11/3

02:55-14:00

1 stop11h 05m

Panama City Tocumen Intl

Wed 25/3

14:55-01:50

1 stop10h 55m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Fri 10/7

11:45-01:05

1 stop13h 20m

Panama City Tocumen Intl

Tue 14/7

17:55-01:45

1 stop7h 50m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Tue 3/3

13:20-17:01

Nonstop3h 41m

Panama City Tocumen Intl

Thu 12/3

08:47-12:25

Nonstop3h 38m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Sat 16/5

07:00-10:45

Nonstop3h 45m

Panama City Tocumen Intl

Fri 22/5

21:45-01:20

Nonstop3h 35m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Tue 24/3

02:35-06:12

Nonstop3h 37m

Panama City Tocumen Intl

Tue 31/3

19:08-22:45

Nonstop3h 37m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Sat 14/3

13:20-17:01

Nonstop3h 41m

Panama City Tocumen Intl

Fri 20/3

21:40-01:20

Nonstop3h 40m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Mon 16/3

16:40-20:23

Nonstop3h 43m

Panama City Tocumen Intl

Sun 22/3

21:40-01:20

Nonstop3h 40m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Thu 16/4

16:40-20:25

Nonstop3h 45m

Panama City Tocumen Intl

Mon 20/4

15:38-19:15

Nonstop3h 37m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Tue 7/4

16:40-20:25

Nonstop3h 45m

Panama City Tocumen Intl

Wed 15/4

08:48-12:25

Nonstop3h 37m

£366

LimaPanama City

LIM - PTY

LIMPTY

Lima J Chavez Intl

Thu 14/5

16:40-20:25

Nonstop3h 45m

Panama City Tocumen Intl

Mon 18/5

15:37-19:15

Nonstop3h 38m

£366

Flights are sorted by cheapest return flights first.

Deals found on 1/2

Showing 1-10 of 18 results
1
2

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 30 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 £140). Flying from Lima to Panama City in November is currently the most expensive (average of £267). 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 3 February 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.

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?

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

    For as low as £366, Avianca can have you in Panama City from Lima in 3h 41m. The distance from Lima to Panama City is about 1465 mi. This flight may include one or multiple stops.

  • 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 (92%), Air France (92%) and KLM (88%).

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

    While on average a flight from Lima to Panama City is generally £161, our data shows the cheapest flight currently is £129. When looking at the most popular route, (Lima J Chavez Intl - Panama City Tocumen Intl), you can expect to pay £366 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 £140). Flying from Lima to Panama City in November is currently the most expensive (average of £267). 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

Browse thousands of different options on Cheapflights for your next trip

Toggle through the tabs below to find thousands of options on Cheapflights for your next trip.

Fly with Cheapflights

Find the best flight deals on Cheapflights, where travellers can enjoy low prices and a wide availability of flights to their desired destinations.

How does Cheapflights help users find flights from Lima to Panama City?

Cheapflights makes it easy to find Lima to Panama City flights by helping our users search from 900+ travel sites for deals. We also provide you with filters for cabin, price, airline, airports, number of stops, and many more to narrow down that perfect flight.

Why should you use Cheapflights to find cheap flight tickets from Lima to Panama City?

By finding flights from multiple airlines and providers at completely no cost, Cheapflights helps millions of users like you annually find the best flights to Panama City from Lima.

Can Cheapflights find flights from Lima to Panama City with no change fees?

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.

Can Cheapflights notify me if prices for flights from Lima to Panama City become cheaper?

Of course! You can now track prices for flights from Lima to Panama City and get an alert from Cheapflights when they change. Have a valid email address ready and click the bell icon next to the flight deals above to set up your price alerts.

100% Free

Cheapflights is completely free to use, so you can start saving the moment you arrive.

Book with Flexibility

Our users can plan ahead with confidence and find flights with no change fees

Travel Smart

Millions of people come to us for their flight needs every year. We help make travel planning easy by providing useful insights and data-driven graphs that can inform your decisions.