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

Return flights

24 Jan - 31 Jan	Avianca
19 Jan - 26 Jan	Avianca
24 Jan - 31 Jan	Copa	direct
14 Jan - 21 Jan	Avianca
20 Jan - 25 Jan	Copa	direct
19 Jan - 26 Jan	Copa	direct
28 Jan - 31 Jan	Copa	direct
20 Jan - 27 Jan	Copa	direct
16 Jan - 23 Jan	Copa	direct
27 Jan - 01 Feb	Copa	direct
20 Jan - 03 Feb	Copa	direct
29 Jan - 05 Feb	Copa	direct
08 Jan - 12 Jan	Avianca

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 357€

Return flights