Copa Airlines
Mo and Tu
starting at $596
Flaut.Travel was designed and developed by a team dedicated to making the process of searching, comparing and booking airline tickets as easy and convenient as possible. Our service helps travelers to find and buy the cheapest flights from Panama City to Lima. We have connected more than 40 airlines and airline ticketing agencies to help you find the most suitable and affordable flight option.
A non-stop flight is the most convenient and comfortable way to fly from Panama City to Lima, despite the fact that sometimes flights with transfers can cost significantly less.
The only airline operating direct flights from Panama City to Lima is Copa Airlines. Flights operate on Monday and Tuesday.
•
•
•
•
•
•
Answers to questions about the route that travelers are most interested in.
We keep tight track on airlines' pre-holidays sales and other special offers occurences all the time to let you save maximum amount of funds while traveling to your family or just going out on vacation.
Copa Airlines
Mo and Tu
starting at $596
The cost of a one-way flight from Panama City to Lima ranges from $236 (June 2026) to $262 (September 2026). On average, the ticket price is about $247–$504.
On the Panama City — Lima route, ticket prices are stable. Whichever month you choose, the difference will be minimal.
There is a slight difference: it's a bit cheaper in May 2026–June 2026 (averaging $239) and slightly more in June 2026–September 2026 ($249). But overall, the difference is small.
On this route, you don't need to target specific months — prices are stable. The difference between the cheapest and most expensive period is only 4%. Book whenever it's convenient.
Monthly price variation is just 4.5%. Ticket costs on this route are among the most predictable.
Panama City — Lima
05/16/2026
Departure
Direct flight
CM493
starting at $757
Panama City — Lima
05/18/2026
Departure
Direct flight
CM337
starting at $757
Panama City — Lima
05/18/2026
Departure
Direct flight
CM493
starting at $826
Panama City — Lima
05/19/2026
Departure
Direct flight
CM131
starting at $888
Panama City — Lima
05/21/2026
Departure
Direct flight
CM493
starting at $373
Panama City — Lima
05/23/2026
Departure
Direct flight
CM489
starting at $805
Panama City — Lima
06/06/2026
Departure
Direct flight
CM131
starting at $316
Panama City — Lima
06/09/2026
Departure
Direct flight
CM838
starting at $339
Panama City — Lima
06/15/2026
Departure
Direct flight
CM263
starting at $626
Panama City — Lima
12/18/2026
Departure
Direct flight
CM337
starting at $316
starting at $233
starting at $236
Flights from Panama City to Lima are operated by several airlines — Copa Airlines and Avianca. This allows passengers to flexibly choose flights based on departure time, cost, and additional services. The minimum ticket price starts at $233, making this destination accessible to travelers with different budgets. We help compare all available options in real time, so you can book tickets at the best value for money. The service ensures transparent search and lets you book affordable flights in just a few clicks.
The cheapest flight ticket from Panama City to Lima according to data for the last 48 hours costs $233
Often the best time to buy tickets from Panama City to Lima is 2 months before departure.
Based on statistics over the past years, the lowest prices for flights from Panama City to Lima can be found flying in these months: June, May, September.
The fastest flights from Panama City to Lima start from 3 hours 35 minutes in the air.
The following airlines operate direct flights on the route Panama City — Lima: Copa Airlines
We couldn't find any special offers for flights from Panama City to Lima
The cheapest one-way flight from Panama City to Lima departs on 05/22/2026, is operated by Copa Airlines and costs $233
The cheapest roundtrip flight from Panama City to Lima departs on 07/29/2026, is operated by Avianca and costs $435
Fastest flight from Panama City to Lima takes 3h 35m
There are direct flights on this route 5 days a week: Mo, Tu, Th, Fr, and Sa
The distance between Panama City and Lima is 2351km (1458 miles). There are 35 direct flights from Panama City to Lima. Panama City and Lima are in the same time zone. Flights from Panama City begin at 8:48 AM. The latest flight from Panama City departs at 9:43 PM