AirHint found the following cheapest return flights from Lima (LIM) to Panama City (PTY) in January 2026 (see full year).

Return flights

27 Jan - 31 Jan	Avianca
29 Jan - 05 Feb	Avianca
28 Jan - 31 Jan	Avianca
28 Jan - 01 Feb	Avianca
27 Jan - 01 Feb	Avianca
26 Jan - 31 Jan	Avianca
28 Jan - 31 Jan	Copa	direct
27 Jan - 31 Jan	Copa	direct
29 Jan - 05 Feb	Copa	direct
28 Jan - 01 Feb	Copa	direct
27 Jan - 01 Feb	Copa	direct
25 Jan - 30 Jan	Avianca
24 Jan - 30 Jan	Avianca
24 Jan - 31 Jan	Avianca
25 Jan - 31 Jan	Avianca
26 Jan - 31 Jan	Copa	direct
20 Jan - 03 Feb	Avianca
20 Jan - 03 Feb	Copa	direct

Also check the deals for one-way flights from Lima to Panama City in January.

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 Lima to Panama City in January from 349€

Return flights