Cheap flights from Panama City to Lima, Peru (PTY - LIM)

Flying from Panama City to Lima can be expensive. Our search helps you compare cheap flights, airfare deals, and flight tickets across airlines and agencies so you can book at the best price.

We scan trusted travel agencies and airline booking systems for the route Panama City - Lima (PTY - LIM). We do not sell tickets or add fees - you choose where to buy.

Airfares vary by date, time, and airport. Use filters to find the best option by departure/arrival time, number of stops, airline or alliance, and booking channel.

If your dates are flexible, check the low-fare calendar to find the cheapest days. Booking round-trip in one order often reduces fees, and prices usually rise as departure approaches.

We also recommend you to look through the prices for return tickets from Lima to Panama City.

Airfares found by our users in the past 24 hours

The cheapest flight from Panama City to Lima is A$540 on Avianca - Aerovias Nacionales de Colombia, departing on 04/06/2026 - 11:20 and returning on 04/17/2026 - 14:45.
The price for these dates could change. Use search to get the best price.

Average round-trip airfares from Panama City to Lima by months

MonthRound-Trip
January 202626.01 - 10.02from A$547
February 202601.02 - 04.02from A$550
March 202603.03 - 12.03from A$548
April 202606.04 - 17.04from A$540
May 2026find now
June 2026find now
July 2026find now
August 2026find now
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December 2026find now

Prices shown are based on searches from the last few days. Ticket prices can change and depend on availability at the time of booking.

Airlines are flying from Panama City to Lima

Copa Airlines
Find Flights to Lima