There are most likely no direct flights on the Panama City — Montevideo route
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A non-stop flight is the most convenient and comfortable way to fly from Panama City to Montevideo, despite the fact that sometimes flights with transfers can cost significantly less.
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There are most likely no direct flights on the Panama City — Montevideo route
The cost of a one-way flight from Panama City to Montevideo ranges from $359 (December 2026) to $540 (October 2026). On average, the ticket price is about $380–$414.
The Panama City — Montevideo route shows a classic seasonal pattern: prices rise, peak, then fall again. Knowing this, you can pick a more affordable time to fly.
Prices rise from September 2026 to October 2026 (+43%), then decline from October 2026 to December 2026 (34%). The cheapest tickets are in December 2026–January 2027 (averaging $369), while the priciest are in September 2026–October 2026 ($459).
For savings, plan your flight for December 2026–January 2027 — you could save up to 20%. Try to avoid September 2026–October 2026 when possible: prices are at their highest then.
Price spread on this route is 17.7%. Costs depend heavily on the season, so flexibility in choosing your departure month is especially valuable here.
Panama City — Montevideo
09/19/2026
Departure
Direct flight
CM125
starting at $668
Panama City — Montevideo
09/27/2026
Departure
Direct flight
CM125
starting at $1,280
Panama City — Montevideo
12/24/2026
Departure
Direct flight
CM283
starting at $1,038
starting at $544
On the Panama City — Montevideo route, flights are operated only by Copa Airlines. This simplifies the choice for passengers, as all tickets come from a single trusted carrier. Our service lets you instantly check fares for upcoming dates and find the most advantageous option. The minimum ticket price starts at $544, making this trip affordable for a wide range of travelers. To save even more, we recommend booking early and keeping an eye on promotions — Copa Airlines regularly offers special deals.
The cheapest flight ticket from Panama City to Montevideo according to data for the last 48 hours costs $544
Often the best time to buy tickets from Panama City to Montevideo is 2 months before departure.
Based on statistics over the past years, the lowest prices for flights from Panama City to Montevideo can be found flying in these months: December, September, January.
The fastest flights from Panama City to Montevideo start from 3 hours 42 minutes in the air.
The following airlines operate direct flights on the route Panama City — Montevideo: Copa Airlines
The cheapest one-way flight from Panama City to Montevideo departs on 09/20/2026, is operated by Copa Airlines and costs $544
There is no information about the cheapest roundtrip flight from Panama City to Montevideo
Fastest flight from Panama City to Montevideo takes 1d 3h 42m
There are direct flights on this route 3 days a week: Su, Th, and Sa
The distance between Panama City and Montevideo is 5463km (3387 miles). There are 23 direct flights from Panama City to Montevideo. The time difference between Panama City and Montevideo is 2h. Flights from Panama City begin at 12:35 PM. The latest flight from Panama City departs at 10:10 PM
We couldn't find any special offers for flights from Panama City to Montevideo