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

Return flights

13 Jan - 20 Jan	Copa	direct
02 Jan - 07 Jan	Copa
01 Jan - 05 Jan	Copa
27 Jan - 04 Feb	Copa	direct
29 Jan - 10 Feb	Copa
25 Jan - 01 Feb	Copa	direct
28 Jan - 06 Feb	Copa
18 Jan - 31 Jan	Avianca
11 Jan - 19 Jan	Copa
18 Jan - 31 Jan	Copa	direct
02 Jan - 07 Jan	Copa	direct

Also check the deals for one-way flights from Panama City to Managua 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 Managua in January from $399

Return flights