Cheap flights from Caracas to Panama City from $307

In general, February is the cheapest month to fly from Caracas to Panama City. Due to it being the ‘off-season’ during this time, you can expect flight prices to be around $452. If you’re not able to fly to Panama City in February, then May is your next best option. Flight prices from Caracas to Panama City during May average around $493.

Our data shows that Thursday is the least expensive day to fly to Panama City. Tickets to fly out on this day can be as low as $757. If your travel schedule is flexible, try to avoid departing on a Friday because tickets tend to average around $924. These prices are subject to change though, so be sure to set up a Price Alert for flights to Panama City.

Our most recent data shows that the best time of day to fly to Panama City is in the morning. Flights from Caracas to Panama City during this time can be as low as $756. Try not to purchase tickets in the afternoon because they tend to be around $861. Of course, these prices can vary depending on the time of year and what airport you fly to.

Fly from Caracas Simon Bolivar to Panama City Tocumen Intl for the best Caracas Simon Bolivar - Panama City Tocumen Intl flight prices

You could potentially save up to 31% on your flight if you consider stops on a Caracas to Panama City flight.

Historically, on average around 6% of flights between Caracas and Panama City have experienced a delay on any given week. The average delay length over the past 12 months has been 134 minutes.

Generally, flights departing in the evening tend to experience fewer delays. Flights in the morning have, in the past, seen delays more frequently in comparison.

Thursday is statistically the day of the week which experiences the fewest number of delays on this flight route. Tuesday has historically seen more delays on average compared to the rest of the week.

According to our data, Copa Airlines have had the least number of delays on this route over the last 12 months; with about 2% of their flights experiencing any sort of delay.

The number of flights available between Caracas and Panama City is 3 per day as of May 2026. The most frequent departure time is 6:00AM, with 63% of daily flights leaving in the afternoon.

The number of flights available between Caracas and Panama City is 22 per week as of May 2026. The most frequent departure day is Tue, with 18% of weekly flights leaving on this day.