AirHint found the following cheapest return flights from Belo Horizonte (CNF) to Panama City (PTY) in December 2025 (see full year).

Return flights

13 Dec - 23 Dec	Copa	direct
15 Dec - 22 Dec	Copa	direct
08 Dec - 19 Dec	Copa	direct
20 Dec - 27 Dec	Copa	direct
29 Dec - 05 Jan	GOL Linhas Aéreas	direct
27 Dec - 03 Jan	GOL Linhas Aéreas	direct
27 Dec - 10 Jan	GOL Linhas Aéreas	direct
26 Dec - 10 Jan	GOL Linhas Aéreas
26 Dec - 10 Jan	Copa	direct

Also check the deals for one-way flights from Belo Horizonte to Panama City in December.

The deals are updated regularly. The prices may go up as tickets are purchased by other travellers. Only the cheapest flights are offered. Select a price to book and secure these cheap prices.

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Cheapest return flights from Belo Horizonte to Panama City in December from 444€

Return flights