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

Return flights

15 Dec - 21 Dec	Copa	direct
25 Dec - 28 Dec	Avianca
10 Dec - 22 Dec	Copa	direct
16 Dec - 22 Dec	Copa	direct
05 Dec - 09 Dec	Copa	direct
23 Dec - 30 Dec	Copa	direct
24 Dec - 30 Dec	Copa	direct
25 Dec - 30 Dec	Copa	direct
25 Dec - 31 Dec	Copa	direct
24 Dec - 31 Dec	Copa	direct
31 Dec - 15 Jan	Avianca
26 Dec - 03 Jan	Avianca
31 Dec - 15 Jan	Copa	direct
26 Dec - 03 Jan	Copa	direct
31 Dec - 07 Jan	Copa	direct
30 Dec - 05 Jan	Copa	direct
27 Dec - 04 Jan	Copa	direct
25 Dec - 03 Jan	Copa	direct
30 Dec - 11 Jan	Copa	direct
20 Dec - 19 Jan	LATAM Airlines Group

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

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 Lima to Panama City in December from $388

Return flights