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Cheap flights from Panama City to Lima

Recently found return fares from $281, with October the cheapest month we know of. Compare dates, then book with the partner you choose.

Cheapest months to fly

Lowest recently found return fare in each month. Tap a month to see that month's calendar.

Panama City → Lima

November 2026

Mon Tue Wed Thu Fri Sat Sun 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 $290 26 27 28 29 $290 30
LowerHigherLowest this month

Lowest fares for the best day

  • Copa AirlinesWed 11 Nov – Fri 18 Dec · Direct · 3h 36m $522
See all flights for these dates

Airport in Lima

  • LIMJorge Chávez

Airport in Panama City

  • PTYTocumen

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PTY
LIM

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Questions about this route

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Help center Contact us
01What is the cheapest month to fly from Panama City to Lima?

Based on recently found fares, October 2026 has the lowest price we know of, from $281. Prices change often, so check the calendar for current fares.

02Are the prices on this page final?

No. They are recently found fares. When you open a deal, the partner shows the live price, including taxes and fees, before you pay.

03How can I get an alert when flights to Lima get cheaper?

Use the price alert on this page. Choose your dates or a whole month and we will email you when the fare drops.