Cheap flights from Toronto Pearson Intl Airport to Panama City from C$ 282

This is the cheapest one-way flight price found by a Cheapflights user in the last 72 hours by searching for a flight departing on 27/10. Fares are subject to change and may not be available on all flights or dates of travel.
YYZ — PTY
17 Oct — 24 Oct1
1 adult
1 adult, Economy

Cheapflights Tip: The best prices from Toronto Pearson Intl to Panama City Tocumen Intl are usually found in November or October, booked 53 days in advance, depart on a Wednesday or Thursday and return on a Sunday

Cheap flight deals from Pearson Intl to Panama City

Discover tips and strategies to find the most affordable flight options for your journey from Pearson Intl (YYZ) to Panama City (PTY). Learn about various techniques such as flexible date searches, comparing prices across and setting up price alerts. Use these methods to find the cheapest flights available for your travel needs. Data last updated 17 September 2025.

Round-trip from

C$ 651

One-way from

C$ 282

Popular in

December

Cheapest in

November

Average price

C$ 798

Good round-trip deal

C$ 738 or less

Good one-way deal

C$ 378 or less
Copa Airlines
  • Copa Airlines
  • 21/11-30/11
  • Nonstop
  • 11h 16m total
  • Toronto to Panama City
27/10
  • 27/10
  • 2 total stops
  • 15h 25m total
  • Toronto to Panama City
Highest demand for flights based on searches. 10% potential increase in price (C$ 145 potential increase over avg. RT price).
Cheapest flight prices on average. 5% potential price decrease (C$ 62 potential savings vs. average RT price).
Average for round-trip flights in September 2025
Price to beat on a round-trip flight from Toronto Pearson Intl to Panama City Tocumen Intl.
Price to beat on a one-way flight from Toronto Pearson Intl to Panama City Tocumen Intl.

Find flight deals from Pearson Intl to Panama City

Cheapest flights from Pearson Intl to Panama City
Explore the most affordable flight options available from Pearson Intl to Panama City. Find the lowest fares from popular airlines and budget airlines, with prices last updated on 17 September 2025.

Fri 21/118:30 a.m.YYZ - PTY
Nonstop5h 42mCopa Airlines
Sun 30/116:35 p.m.PTY - YYZ
Nonstop5h 34mCopa Airlines
Deal found 16/9C$ 651
Tue 4/118:30 a.m.YYZ - PTY
Nonstop5h 42mCopa Airlines
Mon 15/126:35 p.m.PTY - YYZ
Nonstop5h 34mCopa Airlines
Deal found 15/9C$ 652
Sat 15/1111:55 p.m.YYZ - PTY
1 stop14h 05mAvianca
Tue 25/115:55 p.m.PTY - YYZ
1 stop12h 40mAvianca
Deal found 15/9C$ 653
Wed 29/1012:55 a.m.YYZ - PTY
1 stop17h 00mAvianca
Wed 5/112:55 a.m.PTY - YYZ
1 stop19h 40mAvianca
Deal found 15/9C$ 655
Mon 17/117:55 a.m.YYZ - PTY
1 stop16h 45mAvianca
Wed 26/119:45 a.m.PTY - YYZ
1 stop12h 50mAvianca
Deal found 17/9C$ 656
Mon 10/117:55 a.m.YYZ - PTY
1 stop16h 45mAvianca
Mon 24/115:55 p.m.PTY - YYZ
2 stops20h 15mAvianca
Deal found 16/9C$ 658
Mon 17/116:00 a.m.YYZ - PTY
1 stop7h 49mAmerican Airlines
Mon 24/112:43 p.m.PTY - YYZ
1 stop9h 11mAmerican Airlines
Deal found 16/9C$ 666
Mon 6/105:10 p.m.YYZ - PTY
1 stop18h 15mAvianca
Wed 22/103:20 a.m.PTY - YYZ
1 stop18h 10mAvianca
Deal found 15/9C$ 667
Tue 4/114:00 p.m.YYZ - PTY
1 stop18h 20mAvianca
Thu 13/112:55 a.m.PTY - YYZ
1 stop19h 40mAvianca
Deal found 15/9C$ 669

Cheapflights Fare Finder

 
Customize your flight search to find flights from Pearson Intl to Panama City that fit within your specific budget. Explore options based on user searches and filter the results based on your desired price range. Find flights that match your budget for a cost-effective journey. Over the last 7 days, Cheapflights users made 629,999 searches. Data last updated 17 September 2025.
Use the filters below to find and compare flights from Toronto Pearson Intl Airport to Panama City that are best for you.

Fly from

Pearson Intl

Fly to

Panama City

Route

Depart

Return

Price

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Fri 28/11

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Sat 6/12

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 651

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 6/11

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Mon 10/11

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 652

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 17/11

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Mon 24/11

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 652

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 4/11

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Mon 15/12

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 652

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 20/11

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Sat 29/11

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 666

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 25/11

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Sun 30/11

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 666

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Fri 5/12

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Tue 9/12

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 667

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 7/12

6:00 a.m.-3:37 p.m.

1 stop9h 37m

Panama City Tocumen Intl

Sun 14/12

4:37 p.m.-10:17 a.m.

2 stops17h 40m

C$ 678

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 23/11

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Sun 30/11

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 681

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 23/11

8:30 a.m.-2:12 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Sat 29/11

6:35 p.m.-12:09 a.m.

Nonstop5h 34m

C$ 681

Flights are sorted by cheapest round-trip flights first.

Deals found on 16/9

Showing 1-10 of 20 results
1
2

Best time to book a flight from Pearson Intl to Panama City

Have a flexible travel schedule? Discover the best time to fly to Panama City from Pearson Intl with our price prediction graph.
Estimated round-trip price
Rates are based on past data. Find the cheapest month and day to book your flight based on your travel requirements, then search for cheap deals.

Cheapflights Insights

Everything you need to know about your flight from Toronto Pearson Intl Airport to Panama City

How far ahead should I book a flight from Toronto Pearson Intl Airport to Panama City?

Use this chart to determine the optimal time to book a round-trip flight from Pearson Intl to Panama City. Price data was last updated on 12 September 2025.

Booking 53 days in advance of your planned departure date is, on average, the best time to get cheap flights from Toronto Pearson Intl Airport to Panama City. The general trend is that the closer you book to the departure date, the more expensive your flight will be.

What is the cheapest month to book a flight from Toronto Pearson Intl Airport to Panama City?

Currently, January is the cheapest month in which you can book a flight from Toronto Pearson Intl Airport to Panama City (average of C$ 542). Flying from Toronto Pearson Intl Airport to Panama City in December is currently the most expensive (average of C$ 874). There are several factors that can impact the price of a flight, so comparing airlines, departure airports and flight times can provide users with more options.

What is the cheapest time of day to fly from YYZ to PTY?

Find hourly flight availability from Pearson Intl to Panama City. Discover flight options and departure times throughout the day, allowing you to choose a departure time that suits your schedule. Data last updated 17 September 2025.

It’s typically best to fly out from Toronto Pearson Intl Airport to Panama City at noon. Doing so could potentially save you 31% on the flight price compared to flying in the morning, which is usually more expensive.

Reviews of airlines servicing Panama City

Get insights into the airlines that provide service to Panama City. Read reviews, discover amenities, and learn about the overall travel experience offered by airlines. Use this information to make informed decisions when choosing an airline for your flight to Panama City. Reviews last updated 17 September 2025.
See what other customers who have flown with Delta,Copa Airlines, andUnited Airlines from Toronto Pearson Intl Airport to Panama City have to say. You can also see how each airline compares in terms of entertainment options, comfort, food, crew/service, and boarding process.

Entertainment

7.9

Food

7.3

Comfort

7.9

Overall

8.0

Boarding

8.2

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.
8.0
Very good

Entertainment

7.9

Food

7.3

Comfort

7.9

Overall

8.0

Boarding

8.2

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

Entertainment

7.9

Food

7.3

Comfort

7.9

Overall

8.0

Boarding

8.2

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

Entertainment

7.9

Food

7.3

Comfort

7.9

Overall

8.0

Boarding

8.2

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

Entertainment

7.9

Food

7.3

Comfort

7.9

Overall

8.0

Boarding

8.2

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

Related info for your journey

Find useful and relevant information for your journey from Pearson Intl to Panama City. Access travel guides, tips, and recommendations to enhance your travel experience. Get information about local attractions, weather, transportation options, and more.
  • What airport do you fly into for flights to Panama City from Toronto Pearson Intl?

    Located just 18.4 km from the city centre, Panama City Tocumen Intl is the airport most travellers will use when flying to Panama City from Toronto Pearson Intl. Booking flights from Toronto Pearson Intl to Tocumen Intl (PTY) should be relatively easy as there are 0 daily inbound flights from Toronto Pearson Intl from 6 different airlines.

  • How long is the flight from Toronto Pearson Intl Airport to Panama City?

    Departing from Toronto Pearson Intl Airport to Panama City will take you 5h 42m. The distance from Toronto Pearson Intl Airport to Panama City is about 3846 km. All flights are typically direct.

  • What are the cheapest airlines flying from Toronto Pearson Intl Airport to Panama City round-trip?

    Avianca, at C$ 449, was found to be the cheapest airline from Toronto Pearson Intl Airport to Panama City.Alternate airlines to your destination round-trip include Delta and United Airlines. Users have found that Avianca is 47% cheaper than the other options available to this destination.

  • What are the cheapest flights from Toronto Pearson Intl Airport to Panama City?

    On average you can expect to pay C$ 1,582 for a flight from Toronto Pearson Intl Airport to Panama City. The cheapest flight overall is C$ 286 while the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl) is currently priced at C$ 589.

  • Can I find deals for flights from Pearson Intl to Panama City that include hotel bookings?

    Yes. In addition to deals on Pearson Intl to Panama City flights, Cheapflights offers vacation packages that include both flights and hotel.

  • How can I find direct flights from Pearson Intl to Panama City?

    After entering your origin and destination, apply the non-stop filter on the search result page to find direct flights from Pearson Intl to Panama City.

  • Can I find deals for business class flights from Pearson Intl to Panama City?

    Yes. Cheapflights offers flight deals from Pearson Intl to Panama City by cabin class. In addition to browsing deals, you can also filter by cabin class on the search results page after making a search.

  • What is the cheapest month to book a flight from Toronto Pearson Intl Airport to Panama City?

    Currently, January is the cheapest month in which you can book a flight from Toronto Pearson Intl Airport to Panama City (average of C$ 542). Flying from Toronto Pearson Intl Airport to Panama City in December is currently the most expensive (average of C$ 874). There are several factors that can impact the price of a flight, so comparing airlines, departure airports and flight times can provide users with more options.

See more FAQs

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Fly from Pearson Intl to Panama City on these airlines

Choose from the following airlines for your flight from Pearson Intl to Panama City. Flights are based on user searches made on Cheapflights and were last updated on 17 September 2025.

Top 6 airlines flying from Pearson Intl to Panama City

Discover the top 6 airlines that operate flights from Pearson Intl to Panama City. Compare their services, reliability, and customer satisfaction ratings to choose the airline that best suits your travel preferences and needs. Over the last 7 days, Cheapflights users made 629,999 searches. Data last updated 17 September 2025.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 449AverageC$ 661FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 483AverageC$ 961FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
United AirlinesCheapestC$ 575AverageC$ 717FlexibilityNo cancel feeOn-time69%
Search United Airlines flights
American AirlinesCheapestC$ 603AverageC$ 788FlexibilityNo cancel feeOn-time71%
Search American Airlines flights
Copa AirlinesCheapestC$ 674AverageC$ 858FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights
WestJet EncoreCheapestC$ 958AverageC$ 1,340FlexibilityNo cancel feeOn-timeN/A
Search WestJet Encore flights

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Certainly. Search results for flights to Panama City from Pearson Intl shown to you on Cheapflights can be narrowed down with different useful search filters, which includes flexible booking options.

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