Cheap flights from Managua to Panama City from $439 MGA → PAC, PTY
Augusto C Sandino International Airport (MGA) → Marcos A. Gelabert International Airport (PAC), Tocumen International Airport (PTY)
The cheapest return found recently is $439 with Copa Airlines, 21 Dec – 25 Jan 2027, found 5 days ago. The cheapest one-way found recently is $522 with Copa Airlines, 11 Jan 2027, found 2 days ago.
- Cheapest one-way found recently
- $522, Copa Airlines, found 2 days ago
- Cheapest return found recently
- $439, 21 Dec to 25 Jan 2027
- Cheapest month to fly
- December 2026, one-way fares from $434 found in the last 7 days
- Airlines with nonstop flights
- Copa Airlines
- Shortest nonstop flight found
- 1 h 41 min
Return
Not enough comparable prices yet for a usual return price.
Cheapest return found recently
$439
21 Dec – 25 Jan 2027 · Copa Airlines
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
Leaves 3:17 a.m. · Return leaves 7:55 a.m. · 5 h 9 min of travel, both ways together
out nonstop, back nonstop
found 5 days ago
Cheapest nonstop return
$439
21 Dec – 25 Jan 2027 · Copa Airlines
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
Leaves 3:17 a.m. · Return leaves 7:55 a.m. · 5 h 9 min of travel, both ways together
out nonstop, back nonstop
found 5 days ago
Found recently, and the cheapest we hold
$439 21 Dec – 25 Jan 2027found 5 days agoSee prices for these dates
It is also the cheapest return we hold, of any age.
What have prices looked like?
Over 44 days, 29 Sept to 11 Nov, the cheapest return we saw each day was $343 to $454.
Those were the prices on those days, not today's.
Is this a good return price?
Not enough comparable prices yet: we hold return fares on 2 departure dates and need at least 3 to say what is usual.
Could nearby dates be cheaper?
We hold no other 35-night return fares leaving within 3 days of 21 Dec to compare.
Every date we hold
16 fares on 2 departure dates
See the chart as a table
| Dates | From | Airline | Airports | Stops | Found | |
|---|---|---|---|---|---|---|
| 20 Dec – 26 Dec | $448 | avianca airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | out 1 stop, back 1 stop | found 8 days ago | See prices for these dates |
| 21 Dec – 25 Jan 2027 | $439 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | out nonstop, back nonstop | found 5 days ago | See prices for these dates |
Airlines on the cheapest dates: avianca airlines, Copa Airlines.
One-way
The cheapest one-way fare on each of 7 departure dates is usually $449 to $516.
Cheapest one-way found recently
$522
11 Jan 2027 · Copa Airlines
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
Leaves 3:16 a.m. · 1 h 41 min trip
nonstop
found 2 days ago
Cheapest nonstop one-way
$522
11 Jan 2027 · Copa Airlines
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
Leaves 3:16 a.m. · 1 h 41 min trip
nonstop
found 2 days ago
Found recently, and the cheapest we hold
$522 11 Jan 2027found 2 days agoOpen this trip
$434 4 Decfound 4 days agoOpen this trip
What have prices looked like?
Over 48 days, 24 Sept to 11 Nov, the cheapest one-way we saw each day was $190 to $518.
At $522, the cheapest one-way found recently is above that range.
Those were the prices on those days, not today's.
Is this a good one-way price?
Compared with the cheapest one-way fare on each of 7 departure dates from 4 Dec to 29 Oct 2027, found by travelers' searches in the last 7 days (economy, the price the seller showed on Aviasales). The usual range is the middle half of those prices.
Could nearby dates be cheaper?
We hold no other one-way fares leaving within 3 days of 11 Jan 2027 to compare.
Every date we hold
18 fares on 7 departure dates
See the chart as a table
| Dates | From | Airline | Airports | Stops | Found | |
|---|---|---|---|---|---|---|
| 4 Dec | $434 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | 1 stop | found 4 days ago | Open this trip |
| 11 Jan 2027 | $522 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | nonstop | found 2 days ago | Open this trip |
| 29 Mar 2027 | $449 | Aeromexico | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | 1 stop | found 4 days ago | Open this trip |
| 30 Mar 2027 | $514 | avianca airlines El Salvador | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | 1 stop | found 4 days ago | Open this trip |
| 31 Mar 2027 | $449 | Aeromexico | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | 1 stop | found 4 days ago | Open this trip |
| 1 Apr 2027 | $512 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | 1 stop | found 4 days ago | Open this trip |
| 29 Oct 2027 | $518 | avianca airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | 1 stop | found 4 days ago | Open this trip |
Which month looks cheapest?
December 2026 is the cheapest month — from $434.
Airlines on the cheapest dates: Copa Airlines, Aeromexico, avianca airlines El Salvador, avianca airlines.
Premium cabin fares from Managua to Panama City
We hold no premium economy, business or first-class fares for this route: we collect them for the busiest routes, and this one is not among them yet.
Today's prices for 21 Dec – 25 Jan 2027 in another cabin: Premium economy · Business · First
Today's prices for 11 Jan 2027 in another cabin: Premium economy · Business · First
How far ahead were prices cheapest for Managua to Panama City?
Return
Fares 14 to 29 days before departure were typically 21% lower than 0 to 6 days before departure.
From the cheapest return each day between 29 Sept and 11 Nov (44 days), grouped by how many days ahead the flight left; one adult in economy.
Each range covers different departure dates, so this compares typical fares, not the same trip priced twice.
Prices reflect recent searches — current fares may differ.
See these ranges as a table
| Booked ahead by | Typical fare | Cheapest day | Above the cheapest | Days of prices |
|---|---|---|---|---|
| 0–6 days | $495 | $426 | +27% | 11 |
| 7–13 days | $495 | $384 | +27% | 12 |
| 14–29 days | $391 | $343 | Cheapest seen | 22 |
| 30–59 days | $439 | $343 | +12% | 38 |
| 60–89 days | $433 | $429 | +11% | 20 |
| 90–179 days | $444 | $419 | +14% | 25 |
| 180+ days | $471 | $461 | +21% | 8 |
One-way
Fares 14 to 29 days before departure were typically 16% lower than 0 to 6 days before departure.
From the cheapest one-way each day between 24 Sept and 11 Nov (48 days), grouped by how many days ahead the flight left; one adult in economy.
Each range covers different departure dates, so this compares typical fares, not the same trip priced twice.
Prices reflect recent searches — current fares may differ.
See these ranges as a table
| Booked ahead by | Typical fare | Cheapest day | Above the cheapest | Days of prices |
|---|---|---|---|---|
| 0–6 days | $446 | $401 | +19% | 20 |
| 7–13 days | $458 | $195 | +23% | 35 |
| 14–29 days | $373 | $191 | Cheapest seen | 36 |
| 30–59 days | $458 | $190 | +23% | 37 |
| 60–89 days | $481 | $451 | +29% | 21 |
| 90–179 days | $457 | $449 | +23% | 19 |
| 180+ days | $528 | $518 | +42% | 11 |
Live price for these dates
The cheapest return found recently is for 21 Dec – 25 Jan 2027. A live search on this page shows what those dates cost now, for one adult in economy.
Questions about this trip
How much is a return flight from Managua to Panama City?
The cheapest return found recently is $439 with Copa Airlines, 21 Dec to 25 Jan 2027, found 5 days ago.
How much is a one-way flight from Managua to Panama City?
The cheapest one-way found recently is $522 with Copa Airlines, 11 Jan 2027, found 2 days ago. The cheapest one-way we hold, of any age, is $434 with Copa Airlines, 4 Dec, found 4 days ago. The cheapest one-way fare on each of 7 departure dates is usually $449 to $516.
What is the cheapest month to fly from Managua to Panama City?
December 2026 is the cheapest month for a one-way, from $434, 4 Dec, found 4 days ago.
How far ahead should I book a flight from Managua to Panama City?
In 44 days of prices between 29 Sept and 11 Nov, return fares 14 to 29 days before departure were typically 21% lower than 0 to 6 days before departure. In 48 days of prices between 24 Sept and 11 Nov, one-way fares 14 to 29 days before departure were typically 16% lower than 0 to 6 days before departure.
Is there a direct flight from Managua to Panama City?
Yes, the cheapest nonstop return found recently is $439 with Copa Airlines, 21 Dec to 25 Jan 2027, found 5 days ago. The cheapest nonstop one-way found recently is $522 with Copa Airlines, 11 Jan 2027, found 2 days ago.
How long is the flight from Managua to Panama City?
The cheapest nonstop one-way found recently, with Copa Airlines on 11 Jan 2027, takes 1 h 41 min from Augusto C Sandino International Airport (MGA) to Tocumen International Airport (PTY).
Which airlines have the cheapest flights from Managua to Panama City?
Between 4 Dec and 29 Oct 2027, Copa Airlines has the cheapest one-way on 3 of the 7 departure dates we hold, Aeromexico on 2 and avianca airlines El Salvador on 1.
Prices are what travelers' searches on Aviasales found in the last 7 days, in US dollars: the price the seller showed on Aviasales; bags may cost extra. Fares change, so check today's price before you book. How our prices work