Panama City (PTY) to Managua (MGA): 507 miles (816 km) great-circle, about 1h 30m nonstop by our estimate. Cheapest fare observed: $410 round-trip on Avianca, with 1 stop, departing May 2, 2026.
$410 round-trip, Avianca AV322, departing 2026-05-02 at 15:50, returning 2026-05-20. The recorded itinerary left on a Saturday, returning on a Wednesday 18 nights later; the fare was observed 7 days before departure. "Book this flight" opens Kiwi.com with the same airline and dates.
At $410, it ranked 8th of the 30 round-trip fares we recorded from PTY (median $593). That is 80.8 cents per great-circle mile (round-trip price over one-way distance), above the PTY median of 31.9 cents across 30 round-trip routes.
Routes from PTY of similar length: Bogota (469 mi) at $293 and Kingston (637 mi) at $648.
Avianca had the cheapest fare on 8 of 30 PTY routes. It is the 26th longest of the 30 routes we track from PTY.
Of 4 departure airports with a fare to Managua, Panama City (PTY) ranked 2nd at $410. Lowest: $404 from Miami (MIA); highest: $838 from Havana (HAV); 0 nonstop. Cheapest-fare airlines (routes): Avianca (2), American Airlines (1) and Frontier (1).
Travelpayouts fares (cheapest per route, observed April 25, 2026); OurAirports coordinates and elevations; IANA zones America/Panama, America/Managua; flight time is our estimate.