Cheapest return flights from Managua to Panama City in December from 296€

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

Return flights

25 Dec - 31 Dec Copa
25 Dec - 31 Dec Copa direct
20 Dec - 27 Dec Avianca
27 Dec - 05 Jan Avianca
04 Dec - 07 Dec Avianca
09 Dec - 12 Dec Copa
22 Dec - 28 Dec Copa
14 Dec - 18 Dec Copa
06 Dec - 20 Dec Copa direct
03 Dec - 08 Dec Copa direct
19 Dec - 25 Dec Avianca

Also check the deals for one-way flights from Managua to Panama City in December.

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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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