Average Aircraft Maintenance Manager Salary in Panama for 2026

In this article, we will look at the average Aircraft Maintenance Manager salary for 2026 in Panama and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Panamanian balboa. To keep things simple, we are using the PAB currency code instead of the currency symbol B/..

How Much Does an Aircraft Maintenance Manager Make in Panama?

An Aircraft Maintenance Manager working in Panama will typically earn around 39,800 PAB per year, and this can range from the lowest average salary of about 18,900 PAB to the highest average salary of 60,160 PAB.

Average Annual Salary39,800 PAB
Average Monthly Salary3,316 PAB
Average Lowest Salary18,900 PAB
Lowest Monthly Salary1,575 PAB
Average Highest Salary60,160 PAB
Highest Monthly Salary5,013 PAB

These are average salaries for an Aircraft Maintenance Manager in Panama and include benefits such as housing and transport. It's also possible for an Aircraft Maintenance Manager to earn more or less than the average salaries shown above.

Aircraft Maintenance Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Aircraft Maintenance Manager Salaries in Panama

So we've looked at the average salaries an Aircraft Maintenance Manager will earn in Panama. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Aircraft Maintenance Manager can earn between 18,900 PAB and 60,160 PAB on average in Panama. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Aircraft Maintenance Manager in Panama is 38,340 PAB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 38,340 PAB, and 50% of the population earn more than 38,340 PAB.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Aircraft Maintenance Manager salary in Panama, 25% of the population are earning less than 25,720 PAB while 75% of the population earn more than 25,720 PAB.

75% of the population earn less than 50,660 PAB, and 25% of the population earn more than 50,660 PAB.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Aircraft Maintenance Manager Salary by Experience Level in Panama

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Aircraft Maintenance Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Aircraft Maintenance Manager in Panama that has less than two years of experience can expect to earn somewhere in the region of 21,980 PAB.
  • 2 - 5 Years Experience. With two to five years of experience the average Aircraft Maintenance Manager salary would increase to 27,560 PAB.
  • 5 - 10 Years Experience. From five to ten years of experience as an Aircraft Maintenance Manager, the average salary would be 41,700 PAB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 48,300 PAB.
  • 15 - 20 Years Experience. An Aircraft Maintenance Manager with 15 to 20 years of experience can earn an average of 51,900 PAB.
  • 20+ Years Experience. For an Aircraft Maintenance Manager with more than 20 years, the expected average salary increases to 57,900 PAB.

Average Salary by Experience Chart

0-2 Years-
21,980 PAB
2-5 Years+29%
27,560 PAB
5-10 Years+38%
41,700 PAB
10-15 Years+24%
48,300 PAB
15-20 Years+7%
51,900 PAB
20+ Years+7%
57,900 PAB

Aircraft Maintenance Manager Salary by Education Level in Panama

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Aircraft Maintenance Manager in Panama based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Aircraft Maintenance Manager in Panama with a bachelor's degree education can earn an average salary of 28,720 PAB.
  • Master's Degree. An Aircraft Maintenance Manager in Panama with a master's degree education can earn an average salary of 44,780 PAB.

Average Salary by Education Chart

Bachelor's Degree-
28,720 PAB
Master's Degree+60%
44,780 PAB

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Panama is around 10,600 to 31,800 PAB and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Aircraft Maintenance Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Panama, a male aircraft maintenance manager will earn an average of 39,420 PAB, while a female aircraft maintenance manager will earn around 35,420 PAB.

This means that a male aircraft maintenance manager earns approximately 11% more than a female aircraft maintenance manager for performing the same job.

Average Salary by Gender Chart in Panama

Male-
39,420 PAB
Female-11%
35,420 PAB

Aircraft Maintenance Manager Average Pay Raise in Panama

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Aircraft Maintenance Manager in Panama is around 11% every 20 months.

The national average pay raise across all professions and industries in Panama is around 7% every 19 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 20 ) × 12  = 7%

What this means is that an Aircraft Maintenance Manager in Panama can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Panama for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Panama.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
5%
Energy-
1%
Information Technology-
6%
Healthcare-
2%
Travel-
7%
Construction-
3%
Education-
8%

Aircraft Maintenance Manager Bonus and Incentive Rates in Panama

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Aircraft Maintenance Manager is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.

20% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus-
80%
No Bonus-
20%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Panama earn approximately 4% more than private sector employees in the same role.

Public Sector-
27,040 PAB
Private Sector-4%
26,020 PAB

Salaries for Jobs Similar to an Aircraft Maintenance Manager

In the table below, we have salary information for jobs that are similar to an Aircraft Maintenance Manager in Panama.

Job TitleCategorySalary
Aeronautical EngineerAirlines / Aviation / Aerospace / Defense24,200 PAB
Aerospace EngineerAirlines / Aviation / Aerospace / Defense32,200 PAB
Aerospace TechnicianAirlines / Aviation / Aerospace / Defense25,940 PAB
Air Crew MemberAirlines / Aviation / Aerospace / Defense17,100 PAB
Air Crew OfficerAirlines / Aviation / Aerospace / Defense16,400 PAB
Air Traffic AssistantAirlines / Aviation / Aerospace / Defense14,920 PAB
Air Traffic ControllerAirlines / Aviation / Aerospace / Defense27,300 PAB
Aircraft AssemblerAirlines / Aviation / Aerospace / Defense13,700 PAB
Aircraft Body RepairerAirlines / Aviation / Aerospace / Defense12,200 PAB
Aircraft CaptainAirlines / Aviation / Aerospace / Defense40,040 PAB
Aircraft ElectricianAirlines / Aviation / Aerospace / Defense12,580 PAB
Aircraft Electronics TechicianAirlines / Aviation / Aerospace / Defense14,620 PAB
Aircraft EngineerAirlines / Aviation / Aerospace / Defense29,040 PAB
Aircraft FuelerAirlines / Aviation / Aerospace / Defense9,940 PAB
Aircraft Maintenance EngineerAirlines / Aviation / Aerospace / Defense23,080 PAB
Aircraft Maintenance SupervisorAirlines / Aviation / Aerospace / Defense26,660 PAB
Aircraft Maintenance TechnicianAirlines / Aviation / Aerospace / Defense13,060 PAB
Aircraft MechanicAirlines / Aviation / Aerospace / Defense13,780 PAB
Aircraft PilotAirlines / Aviation / Aerospace / Defense43,260 PAB
Aircraft Pneudraulics RepairerAirlines / Aviation / Aerospace / Defense11,040 PAB
Aircraft Quality AssuranceAirlines / Aviation / Aerospace / Defense34,120 PAB
Aircraft Rigging AssemblerAirlines / Aviation / Aerospace / Defense12,120 PAB
Aircraft Service TechnicianAirlines / Aviation / Aerospace / Defense12,520 PAB
Airfield Management SpecialistAirlines / Aviation / Aerospace / Defense38,340 PAB
Airfield Operations SpecialistAirlines / Aviation / Aerospace / Defense30,840 PAB
Airline Cabin CrewAirlines / Aviation / Aerospace / Defense27,040 PAB
Airline CopilotAirlines / Aviation / Aerospace / Defense28,820 PAB
Airline PilotAirlines / Aviation / Aerospace / Defense44,720 PAB
Airlines Sales DirectorAirlines / Aviation / Aerospace / Defense48,920 PAB
Airlines Sales ManagerAirlines / Aviation / Aerospace / Defense46,040 PAB
Airlines Structural AssemblerAirlines / Aviation / Aerospace / Defense10,220 PAB
Airport Services AgentAirlines / Aviation / Aerospace / Defense17,560 PAB
Airport Services ManagerAirlines / Aviation / Aerospace / Defense50,580 PAB
Airport Services SupervisorAirlines / Aviation / Aerospace / Defense27,560 PAB
Assistant Aircraft MechanicAirlines / Aviation / Aerospace / Defense12,300 PAB
Aviation AnalystAirlines / Aviation / Aerospace / Defense35,300 PAB
Aviation InspectorAirlines / Aviation / Aerospace / Defense31,540 PAB
Aviation ManagerAirlines / Aviation / Aerospace / Defense50,540 PAB
Aviation Operations ControllerAirlines / Aviation / Aerospace / Defense30,800 PAB
Aviation Resources ManagerAirlines / Aviation / Aerospace / Defense45,560 PAB
Aviation Safety AssistantAirlines / Aviation / Aerospace / Defense12,580 PAB
Aviation Safety ManagerAirlines / Aviation / Aerospace / Defense49,560 PAB
Aviation Safety OfficerAirlines / Aviation / Aerospace / Defense25,160 PAB
Aviation TechnicianAirlines / Aviation / Aerospace / Defense9,940 PAB
Cargo ExecutiveAirlines / Aviation / Aerospace / Defense21,980 PAB
Cargo and Freight AgentAirlines / Aviation / Aerospace / Defense12,300 PAB
Chief PilotAirlines / Aviation / Aerospace / Defense46,400 PAB
First OfficerAirlines / Aviation / Aerospace / Defense19,220 PAB
Fleet ControllerAirlines / Aviation / Aerospace / Defense41,560 PAB
Fleet Management OfficerAirlines / Aviation / Aerospace / Defense17,860 PAB
Flight AttendantAirlines / Aviation / Aerospace / Defense15,380 PAB
Flight PlannerAirlines / Aviation / Aerospace / Defense22,540 PAB
Flight SchedulerAirlines / Aviation / Aerospace / Defense23,520 PAB
Flight Simulation EngineerAirlines / Aviation / Aerospace / Defense22,400 PAB
Freight and Cargo InspectorAirlines / Aviation / Aerospace / Defense19,200 PAB
Helicopter PilotAirlines / Aviation / Aerospace / Defense26,400 PAB
Loading Bridge OperatorAirlines / Aviation / Aerospace / Defense12,840 PAB
PilotAirlines / Aviation / Aerospace / Defense44,800 PAB
Ramp AgentAirlines / Aviation / Aerospace / Defense9,940 PAB
Reservations Sales AgentAirlines / Aviation / Aerospace / Defense12,580 PAB
Safety and Quality SpecialistAirlines / Aviation / Aerospace / Defense27,380 PAB
Test PilotAirlines / Aviation / Aerospace / Defense33,120 PAB

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