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

Return flights

26 Aug - 29 Aug	Copa	direct
22 Aug - 29 Aug	Copa	direct
25 Aug - 29 Aug	Copa	direct
25 Aug - 31 Aug	Copa	direct
22 Aug - 25 Aug	Copa	direct
23 Aug - 25 Aug	Copa	direct
28 Aug - 02 Sep	Copa	direct
28 Aug - 04 Sep	Copa	direct
31 Aug - 07 Sep	Avianca
27 Aug - 27 Aug	Avianca
31 Aug - 14 Sep	Avianca
26 Aug - 26 Aug	Avianca
24 Aug - 25 Aug	Avianca
24 Aug - 31 Aug	Avianca
27 Aug - 02 Sep	Copa	direct
27 Aug - 01 Sep	Copa	direct
31 Aug - 07 Sep	Copa	direct
31 Aug - 14 Sep	Copa	direct
31 Aug - 05 Sep	LATAM Airlines Group

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

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 August from $412

Return flights