Managua to Panama City MGA → PTY
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
The cheapest return found recently is $419 with Copa Airlines, 12 Mar 2027 – 16 Mar 2027, found 2 days ago. The cheapest one-way found recently is $471 with Copa Airlines, 28 Oct, found yesterday.
Return
The cheapest return fare on each of 5 departure dates is usually $429 to $430.
Cheapest return found recently
$419
12 Mar 2027 – 16 Mar 2027 · Copa Airlines
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
Leaves 1:36 a.m. · Return leaves 12:25 p.m. · 3 h 23 min of travel, both ways together
out nonstop, back nonstop
found 2 days ago
Cheapest nonstop return
$419
12 Mar 2027 – 16 Mar 2027 · Copa Airlines
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
Leaves 1:36 a.m. · Return leaves 12:25 p.m. · 3 h 23 min of travel, both ways together
out nonstop, back nonstop
found 2 days ago
Found recently, and the cheapest we hold
$419 12 Mar 2027 – 16 Mar 2027found 2 days agoSee prices for these dates
It is also the cheapest return we hold, of any age.
What have prices looked like?
Over 20 days, 29 Sept to 18 Oct, the cheapest return we saw each day was $343 to $454.
20 days is a short history, so treat this range as an early guide.
Those were the prices on those days, not today's.
Is this a good return price?
Compared with the cheapest return fare on each of 5 departure dates from 23 Oct to 12 Mar 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 4-night return fares leaving within 3 days of 12 Mar 2027 to compare.
Every date we hold
5 fares on 5 departure dates
See the chart as a table
| Dates | From | Airline | Airports | Stops | Found | |
|---|---|---|---|---|---|---|
| 23 Oct – 29 Oct | $495 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | out 1 stop, back 1 stop | found 6 days ago | See prices for these dates |
| 22 Nov – 26 Nov | $430 | avianca airlines El Salvador | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | out 1 stop, back 1 stop | found 3 days ago | See prices for these dates |
| 10 Jan 2027 – 26 Feb 2027 | $429 | avianca airlines El Salvador | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | out 1 stop, back 1 stop | found 4 days ago | See prices for these dates |
| 12 Jan 2027 – 27 Feb 2027 | $429 | avianca airlines El Salvador | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | out 1 stop, back 1 stop | found 4 days ago | See prices for these dates |
| 12 Mar 2027 – 16 Mar 2027 | $419 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | out nonstop, back nonstop | found 2 days ago | See prices for these dates |
Which month looks cheapest?
March 2027 is the cheapest month — from $419.
Airlines on the cheapest dates: avianca airlines El Salvador, Copa Airlines.
One-way
The cheapest one-way fare on each of 6 departure dates is usually $472 to $479.
Cheapest one-way found recently
$471
28 Oct · Copa Airlines
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
Leaves 3:17 a.m. · 1 h 40 min trip
nonstop
found yesterday
Cheapest nonstop one-way
$471
28 Oct · Copa Airlines
Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY)
Leaves 3:17 a.m. · 1 h 40 min trip
nonstop
found yesterday
Found recently, and the cheapest we hold
$471 28 Octfound yesterdayOpen this trip
$470 27 Octfound 2 days agoOpen this trip
What have prices looked like?
Over 25 days, 24 Sept to 18 Oct, the cheapest one-way we saw each day was $190 to $471.
At $471, the cheapest one-way found recently is at the high end of that range.
25 days is a short history, so treat this range as an early guide.
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 6 departure dates from 24 Oct to 10 Jan 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?
Yes. Among one-way fares leaving within 3 days of 28 Oct, 27 Oct costs $470: $1 less than the cheapest found recently.
Copa Airlines · Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) · nonstop · found 2 days ago
Every date we hold
7 fares on 6 departure dates
See the chart as a table
| Dates | From | Airline | Airports | Stops | Found | |
|---|---|---|---|---|---|---|
| 24 Oct | $473 | avianca airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | 1 stop | found 5 days ago | Open this trip |
| 27 Oct | $470 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | nonstop | found 2 days ago | Open this trip |
| 28 Oct | $471 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | nonstop | found yesterday | Open this trip |
| 15 Nov | $473 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | nonstop | found 4 days ago | Open this trip |
| 12 Dec | $509 | Copa Airlines | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | nonstop | found 4 days ago | Open this trip |
| 10 Jan 2027 | $481 | avianca airlines El Salvador | Augusto C Sandino International Airport (MGA) → Tocumen International Airport (PTY) | 1 stop | found 5 days ago | Open this trip |
Which month looks cheapest?
October 2026 is the cheapest month — from $470.
Airlines on the cheapest dates: Copa Airlines, avianca airlines, avianca airlines El Salvador.
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 12 Mar 2027 – 16 Mar 2027 in another cabin: Premium economy · Business · First
Today's prices for 28 Oct in another cabin: Premium economy · Business · First
How far ahead were prices cheapest for Managua to Panama City?
Return
The cheapest fares were 14 to 29 days before departure.
From the cheapest return each day between 29 Sept and 18 Oct (20 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 |
|---|---|---|---|---|
| 14–29 days | $371 | $343 | Cheapest seen | 14 |
| 30–59 days | $452 | $343 | +22% | 16 |
| 60–89 days | $459 | $429 | +24% | 11 |
| 90–179 days | $444 | $419 | +20% | 16 |
| 180+ days | $471 | $461 | +27% | 8 |
One-way
Fares 14 to 29 days before departure were typically 58% lower than 0 to 6 days before departure.
From the cheapest one-way each day between 24 Sept and 18 Oct (25 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 | $458 | $429 | +137% | 7 |
| 7–13 days | $458 | $195 | +137% | 22 |
| 14–29 days | $193 | $191 | Cheapest seen | 20 |
| 30–59 days | $458 | $190 | +137% | 25 |
| 60–89 days | $481 | $451 | +149% | 13 |
| 90–179 days | $467 | $457 | +142% | 16 |
| 180+ days | $528 | $528 | +174% | 8 |
Live price for these dates
The cheapest return found recently is for 12 Mar 2027 – 16 Mar 2027. A live search on this page shows what those dates cost now, for one adult in economy.
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