Cheap flights from Panama City to Lima from $273

The cheapest month to fly to Lima from Panama City is in June. Flight prices, which tend to average around $451, are often lower during this time because this is during the off-season. If you aren’t able to travel during the month of June, then book flights to Lima from Panama City during April instead. Flights to Lima in April, while not as cheap as those in June, still average around $452.

According to our data, Wednesday is the cheapest day to fly to Lima from Panama City. The lowest ticket price found for a Wednesday departure recently was $464. Keep in mind that prices can always vary depending on your route and whether or not you are flying domestic or international. When flying out on a Friday, the most expensive travel day of the week, you can expect to see flight prices from Panama City to Lima for around $517.

The cheapest time of day to fly to Lima is in the evening when flights can be purchased for as low as $471. Flights in the morning are often more expensive with an average ticket price of $496.

Fly from Panama City Tocumen Intl to Lima J Chavez Intl for the best Panama City Tocumen Intl - Lima J Chavez Intl flight prices

You are more likely to see cheaper flights to Lima from Panama City when booking weeks ahead of your departure date. In general, you can expect to find flights to Lima for around $472 when searching weeks out. However, flight prices might be lower outside of this timeframe. For example, people recently found flights to Lima from Panama City for as low as $441 on momondo.

There is only 1 cabin class available to choose from on Panama City to Lima flights. Cabin price and availability will vary by airline so perform a search above to find the right deals for you.

You could potentially save up to 3% on your flight if you consider stops on a Panama City to Lima flight.

As of November 2026, prices for Panama City to Lima flights are approximately 24% more expensive when compared to flights at the same time last year.

Historically, on average around 7% of flights between Panama City and Lima have experienced a delay on any given week. The average delay length over the past 12 months has been 123 minutes.

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

Wednesday is statistically the day of the week which experiences the fewest number of delays on this flight route. Thursday 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 7% of their flights experiencing any sort of delay.

9 flights are operational daily from Panama City to Lima as of November 2026. The most popular departure time for this route is 9:00PM, with 92% of flights per day taking off in the evening.

69 flights are operational weekly from Panama City to Lima as of November 2026. The most popular departure day for this route is Mon, with 19% of flights per week taking off on this day.