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

Return flights

25 Dec - 01 Jan	Avianca
21 Dec - 27 Dec	Avianca
24 Dec - 30 Dec	Avianca
22 Dec - 29 Dec	Avianca
26 Dec - 28 Dec	Avianca
27 Dec - 29 Dec	Avianca
23 Dec - 27 Dec	Avianca
31 Dec - 11 Jan	Avianca
18 Dec - 17 Jan	Avianca
19 Dec - 23 Dec	Avianca
28 Dec - 06 Jan	Avianca
28 Dec - 03 Jan	Avianca
20 Dec - 10 Jan	Avianca
27 Dec - 03 Jan	Avianca
18 Dec - 21 Dec	Avianca
23 Dec - 04 Jan	Copa	direct
27 Dec - 03 Jan	Copa	direct
25 Dec - 01 Jan	Copa	direct
26 Dec - 28 Dec	Copa	direct
27 Dec - 29 Dec	Copa	direct

Also check the deals for one-way flights from Lima 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 Lima to Panama City in December from 374€

Return flights