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

Return flights

05 Dec - 09 Dec	Avianca
05 Dec - 10 Dec	Avianca
05 Dec - 11 Dec	Avianca
06 Dec - 10 Dec	Avianca
07 Dec - 12 Dec	Avianca
18 Dec - 17 Jan	Avianca
06 Dec - 09 Dec	Avianca
14 Dec - 21 Dec	Avianca
11 Dec - 18 Dec	Avianca
17 Dec - 24 Dec	Avianca
24 Dec - 30 Dec	Avianca
30 Dec - 02 Jan	Copa	direct
27 Dec - 05 Jan	Copa	direct
24 Dec - 02 Jan	Copa	direct
25 Dec - 02 Jan	Copa	direct
18 Dec - 17 Jan	Copa	direct
30 Dec - 12 Jan	Copa	direct
23 Dec - 04 Jan	Avianca
30 Dec - 05 Jan	Avianca
25 Dec - 03 Jan	Avianca

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 335€

Return flights