Cheapest return flights from Managua to Panama City in December from $280

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

Return flights

25 Dec - 31 Dec Copa
25 Dec - 31 Dec Copa direct
15 Dec - 31 Dec Copa
15 Dec - 16 Jan Copa
15 Dec - 28 Dec Avianca
15 Dec - 30 Dec Avianca
15 Dec - 29 Dec Avianca
18 Dec - 28 Dec Avianca
02 Dec - 29 Dec Copa
16 Dec - 28 Dec Avianca
02 Dec - 10 Dec Avianca
20 Dec - 03 Jan Copa direct

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

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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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