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

Return flights

27 Jan - 10 Feb	Air Europa
26 Jan - 08 Feb	Air Europa
26 Jan - 28 Jan	Air Europa
24 Jan - 14 Feb	Air Europa
23 Jan - 07 Feb	Air Europa
31 Jan - 11 Feb	United
20 Jan - 10 Feb	Air Europa
20 Jan - 12 Feb	United
24 Jan - 31 Jan	Turkish Airlines
17 Jan - 04 Feb	Turkish Airlines
31 Jan - 14 Feb	Turkish Airlines
12 Jan - 31 Jan	Turkish Airlines
26 Jan - 09 Feb	United
01 Jan - 19 Jan	United
01 Jan - 15 Jan	United
08 Jan - 28 Jan	United
17 Jan - 27 Jan	United
10 Jan - 20 Jan	United
07 Jan - 24 Jan	United
01 Jan - 16 Jan	United

Also check the deals for one-way flights from Munich 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 Munich to Panama City in January from 560€

Return flights