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

Return flights

24 Feb - 03 Mar	Avianca
06 Feb - 08 Feb	Avianca
04 Feb - 08 Feb	Avianca
04 Feb - 07 Feb	Avianca
06 Feb - 10 Feb	Avianca
19 Feb - 25 Feb	Avianca
10 Feb - 20 Feb	Avianca
09 Feb - 13 Feb	Avianca
10 Feb - 22 Feb	Avianca
05 Feb - 11 Feb	Avianca
11 Feb - 20 Feb	Avianca
26 Feb - 02 Mar	Avianca
26 Feb - 01 Mar	Avianca
28 Feb - 06 Mar	Avianca
10 Feb - 05 Mar	Avianca
24 Feb - 10 Mar	Avianca
25 Feb - 04 Mar	Avianca
26 Feb - 05 Mar	Copa	direct
14 Feb - 01 Mar	Copa	direct
13 Feb - 01 Mar	Copa	direct

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

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 February from 349€

Return flights