AirHint found the following cheapest return flights from Panama City (PTY) to Lima (LIM) in January 2026 (see full year).

Return flights

08 Jan - 12 Jan	Avianca
08 Jan - 12 Jan	Copa	direct
01 Jan - 05 Jan	Copa	direct
24 Jan - 31 Jan	Avianca
12 Jan - 19 Jan	Copa	direct
15 Jan - 15 Jan	Copa	direct
17 Jan - 24 Jan	Copa	direct
24 Jan - 31 Jan	Copa	direct
10 Jan - 17 Jan	Copa	direct

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

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 Panama City to Lima in January from $432

Return flights