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

Return flights

16 Aug - 22 Aug	Copa
27 Aug - 05 Sep	Copa
02 Aug - 11 Aug	Avianca
15 Aug - 22 Aug	Avianca
04 Aug - 20 Aug	Copa	direct
04 Aug - 20 Aug	Avianca
05 Aug - 09 Aug	Avianca
02 Aug - 11 Aug	Copa	direct
16 Aug - 22 Aug	Copa	direct
03 Aug - 05 Sep	Avianca
03 Aug - 06 Sep	Avianca
04 Aug - 05 Sep	Avianca
03 Aug - 06 Sep	Copa	direct
04 Aug - 05 Sep	Copa	direct
27 Aug - 05 Sep	Copa	direct

Also check the deals for one-way flights from Managua 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 Managua to Panama City in August from $340

Return flights