This is a list of defunct airlines of Panama.[1] [2]
| Airline | Image | IATA | ICAO | Callsign | Founded | Ceased operations | Notes |
|---|---|---|---|---|---|---|---|
| Aero Palmas International Airlines | 1985 | 1991 | Renamed to Trans Canal Airways | ||||
| Aerofletes Internacionales | AFISA | 1966 | 1969 | ||||
| Aeroperlas | WL | APP | AEROPERLAS | 1970 | 2012 | ||
| Aerovías Nacionales | 1932 | 1941 | |||||
| Air Panamá Internacional | OP | API | ARPA | 1968 | 1990 | ||
| Air Services Cargo | 2002 | 2003 | |||||
| Air Transport Gelabert | 1933 | 1941 | |||||
| Alas Chiricanas | AHC | 1980 | 1995 | ||||
| Aerovias Panama Airways | 1956 | 1965 | Renamed to AVISPA | ||||
| Arrow Panama | 8A | WAP | ARROW PANAMA | 2005 | 2008 | ||
| ATP Cargo | AEP | 1986 | 1987 | ||||
| Chitreana de Aviación | 1977 | 1996 | |||||
| Inair Panama | IX | 1967 | 1984 | ||||
| Isthmian Airways | 1929 | 1936 | |||||
| Las Americas Cargo | AVL | 1993 | 1994 | ||||
| Pacific International Airlines | P4 | PFC | 1993 | 1997 | |||
| PAISA | PI | PAI | PAISA | 1967 | 1969 | Subsidiary of Viasa | |
| Panama International Airways | 1990 | 1991 | |||||
| Panama World Airways | PWA | 1980 | 1981 | ||||
| Panavia | 6Z | PNV | 1994 | 2006 | |||
| RAPSA | 1958 | 1977 | |||||
| TLN Airlines | 1993 | 1999 | |||||
| Trans Latin Air | TLA | 1990 | 1993 | Renamed to TLN Airlines | |||
| Trans Panama | 2T | 1978 | 1980 | ||||