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Cheap flights from Toronto to Panama City from C$ 373

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 14/12. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — PTY
29 Jul — 5 Aug1
1 adult
1 adult, Economy, 0 bags
Cheapflights Tip: The best prices from Toronto to Panama City Tocumen Intl are usually found in November or September, booked 3 days in advance, depart on a Thursday or Tuesday and return on a Saturday

Cheap flight deals from Toronto to Panama City

Enter your travel dates to find the best prices.

Cheapest flights from Toronto to Panama City
Explore the most affordable flight options available from Toronto to Panama City. Find the lowest fares from popular airlines and budget airlines, with prices last updated on 29 June 2026.

Mon 17/88:30 a.m.
YYZ
-
PTY
Nonstop5h 28m
Copa Airlines
Wed 26/86:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 28/6C$ 707
Sun 23/88:30 a.m.
YYZ
-
PTY
Nonstop5h 28m
Copa Airlines
Wed 26/86:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 24/6C$ 708
Wed 28/109:40 a.m.
YYZ
-
PTY
2 stops23h 40m
WestJet
Sun 1/1110:20 a.m.
PTY
-
YYZ
2 stops19h 38m
WestJet
Deal found 28/6C$ 744
Sat 21/119:40 a.m.
YYZ
-
PTY
2 stops22h 40m
WestJet
Sun 29/1110:20 a.m.
PTY
-
YYZ
2 stops19h 38m
WestJet
Deal found 28/6C$ 745
Wed 25/117:42 a.m.
YYZ
-
PTY
1 stop12h 20m
United Airlines
Sat 19/1211:55 p.m.
PTY
-
YYZ
1 stop21h 34m
United Airlines
Deal found 25/6C$ 756
Wed 14/106:10 a.m.
YYZ
-
PTY
1 stop13h 27m
United Airlines
Sun 25/109:30 a.m.
PTY
-
YYZ
1 stop10h 54m
United Airlines
Deal found 26/6C$ 758
Sat 19/97:00 a.m.
YYZ
-
PTY
2 stops13h 31m
United Airlines
Tue 29/99:45 a.m.
PTY
-
YYZ
2 stops13h 09m
United Airlines
Deal found 24/6C$ 759
Sun 1/116:30 p.m.
YYZ
-
PTY
2 stops37h 50m
WestJet
Sat 19/1210:20 a.m.
PTY
-
YYZ
2 stops22h 10m
WestJet
Deal found 26/6C$ 762
Mon 23/116:10 p.m.
YHM
-
PTY
1 stop14h 10m
WestJet
Tue 1/1210:20 a.m.
PTY
-
YHM
1 stop29h 57m
WestJet
Deal found 25/6C$ 766
Mon 30/116:10 p.m.
YHM
-
PTY
1 stop14h 10m
WestJet
Tue 15/1210:20 a.m.
PTY
-
YHM
1 stop29h 57m
WestJet
Deal found 25/6C$ 768
Wed 25/116:10 p.m.
YHM
-
PTY
1 stop14h 10m
WestJet
Tue 8/1210:20 a.m.
PTY
-
YHM
1 stop29h 57m
WestJet
Deal found 25/6C$ 769
Mon 23/116:10 p.m.
YHM
-
PTY
1 stop14h 10m
WestJet
Sat 12/1210:20 a.m.
PTY
-
YHM
1 stop29h 57m
WestJet
Deal found 25/6C$ 772

Find flight deals from Toronto to Panama City

Discover tips and strategies to find the most affordable flight options for your journey from Toronto (YTO) 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 29 June 2026.

Round-trip from

C$ 707

One-way from

C$ 373

Popular in

December

Cheapest in

November

Average price

C$ 790

Good round-trip deal

C$ 898 or less

Good one-way deal

C$ 346 or less
Copa Airlines
  • Copa Airlines
  • 17/8-26/8
  • Nonstop
  • 10h 59m total
  • Toronto to Panama City
Search Deals
WestJet
  • WestJet
  • 14/12
  • 2 total stops
  • 24h 20m total
  • Toronto to Panama City
Search Deals
Highest demand for flights based on searches. 2% potential increase in price (C$ 30 potential increase over avg. RT price).
Search Deals
Cheapest flight prices on average. 2% potential price decrease (C$ 25 potential savings vs. average RT price).
Search Deals
Average for round-trip flights in June 2026
Search Deals
Price to beat on a round-trip flight from Toronto (YTO) to Panama City Tocumen Intl.
Search Deals
Price to beat on a one-way flight from Toronto (YTO) to Panama City Tocumen Intl.
Search Deals

Cheapflights Fare Finder

 
Customize your flight search to find flights from Toronto 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 29 June 2026.
Use the filters below to find and compare flights from Toronto to Panama City that are best for you.

Fly from

Fly to

Route

Depart

Return

Price

Cheapest round-trip

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sat 25/7

7:30 a.m.-4:04 a.m.

1 stop21h 34m

Panama City Tocumen Intl

Sat 1/8

10:55 p.m.-7:02 p.m.

2 stops19h 07m

C$ 756

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 24/8

8:50 a.m.-4:04 a.m.

2 stops20h 14m

Panama City Tocumen Intl

Mon 31/8

3:30 p.m.-2:24 p.m.

1 stop21h 54m

C$ 756

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Fri 25/9

6:10 a.m.-6:37 p.m.

1 stop13h 27m

Panama City Tocumen Intl

Sat 3/10

9:45 a.m.-9:19 a.m.

1 stop22h 34m

C$ 759

HamiltonPanama City

YHM - PTY

YHMPTY

Hamilton

Mon 23/11

6:10 p.m.-8:20 a.m.

1 stop14h 10m

Panama City Tocumen Intl

Tue 1/12

10:20 a.m.-4:17 p.m.

1 stop29h 57m

C$ 766

HamiltonPanama City

YHM - PTY

YHMPTY

Hamilton

Mon 30/11

6:10 p.m.-8:20 a.m.

1 stop14h 10m

Panama City Tocumen Intl

Tue 15/12

10:20 a.m.-4:17 p.m.

1 stop29h 57m

C$ 768

HamiltonPanama City

YHM - PTY

YHMPTY

Hamilton

Mon 7/12

6:10 p.m.-8:20 a.m.

1 stop14h 10m

Panama City Tocumen Intl

Tue 22/12

10:20 a.m.-4:17 p.m.

1 stop29h 57m

C$ 781

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 23/7

6:10 a.m.-4:12 p.m.

1 stop11h 02m

Panama City Tocumen Intl

Thu 30/7

3:30 p.m.-10:44 p.m.

1 stop30h 14m

C$ 860

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 20/7

12:45 p.m.-4:04 a.m.

2 stops16h 19m

Panama City Tocumen Intl

Mon 3/8

10:55 p.m.-10:23 p.m.

1 stop22h 28m

C$ 863

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 21/7

6:10 a.m.-4:12 p.m.

1 stop11h 02m

Panama City Tocumen Intl

Tue 28/7

10:55 p.m.-11:43 a.m.

1 stop11h 48m

C$ 869

TorontoPanama City

YTZ - PTY

YTZPTY

Toronto Island

Thu 6/8

3:15 p.m.-4:04 a.m.

2 stops13h 49m

Panama City Tocumen Intl

Wed 19/8

10:55 p.m.-6:46 p.m.

2 stops18h 51m

C$ 877

Flights are sorted by cheapest round-trip flights first.

Deals found on 25/6

Showing 1-10 of 43 resultsSorted by cheapest first
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Best time to book a flight from Toronto to Panama City

Have a flexible travel schedule? Discover the best time to fly to Panama City from Toronto 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 to Panama City

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

Currently, March is the cheapest month in which you can book a flight from Toronto to Panama City (average of C$ 331). Flying from Toronto to Panama City in July is currently the most expensive (average of C$ 764). 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 YTO to PTY?

Find hourly flight availability from Toronto 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 29 June 2026.

A simple way to save on the total cost of your ticket is to fly from Toronto to Panama City in the afternoon. If you’re flexible enough to do this you can expect to save up to 20% on your trip compared to booking a flight in the morning.

How much does it cost to fly round-trip from Toronto to Panama City?

What’s the top layover airport for flights from Toronto to Panama City?

Share of one-stop round-trip flights from Toronto to Panama City chosen by Cheapflights users in the past 12 months, using the same layover each way.

Bogotá (BOG) – chosen by Cheapflights users on 42% of one-stop itineraries from Toronto to Panama City on Cheapflights.

What’s the cheapest layover airport for flights from Toronto to Panama City?

Average round-trip fare for 1-stop flights from Toronto to Panama City, chosen by Cheapflights users in the past 12 months, with the same layover each way.

Bogotá (BOG) is the most affordable 1-stop option, with an average round-trip price of C$ 779.

What’s the fastest layover option from Toronto to Panama City?

Shortest average travel time for 1-stop one-way flights from Toronto to Panama City, based on itineraries clicked by Cheapflights users over the past 12 months, grouped by layover airport.

Flights via Newark (EWR) have the shortest average one-way travel time for 1-stop routes: 9h 14m.

Which airport typically offers the quickest layover for flights from Toronto to Panama City?

Average layover duration for 1-stop one-way flights from Toronto to Panama City, chosen by Cheapflights users in the last 12 months, grouped by stopover airport.

Flights via Newark (EWR) offer the fastest connection on this route, with an average layover time of 2h 12m.

How often are flights from Toronto to Panama City delayed?

About 11% of weekly flights between Toronto and Panama City have experienced delays in the past year, with the average delay time being 123 minutes.

What is the most punctual flight time for Toronto to Panama City flights?

Historically, flights departing in the morning are less likely to be delayed, whereas flights leaving in the morning tend to experience delays more often.

What day of the week experiences the fewest flight delays on this route?

Friday tends to have the lowest number of delays on this route, whereas Saturday has historically faced a higher average of delays compared to other days of the week.

Which airline has the best punctuality record on Toronto to Panama City flights?

Over the past year, Copa Airlines has had the lowest number of delays on this route, with just 11% of flights being delayed.

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

Booking 59 days in advance of your planned departure date is, on average, the best time to get cheap flights from Toronto to Panama City. The general trend is that the closer you book to the departure date, the more expensive your flight will be.

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 29 June 2026.
Check out reviews from past customers who have flown with Copa Airlines,United Airlines, andAvianca from Toronto to Panama City to help guide your decision. You can also see how each airline stacks up in terms of entertainment options, comfort, food, crew/service, and boarding process.
Copa Airlines
7.6
Good
1,566 reviews
Check prices

Boarding

7.8

Entertainment

6.8

Overall

7.6

Comfort

7.4

Crew

8.1

Food

6.9

Reviews

1 / 20
10.0
Excellent

Anonymous,Apr 2026

LIM - PTY

Fast boarding, polite and helpful staff. Lowest cost across all airlines
Copa Airlines
7.6
Good
1,566 reviews
Copa Airlines
7.6
Good
1,566 reviews
Check prices

Boarding

7.8

Entertainment

6.8

Overall

7.6

Comfort

7.4

Crew

8.1

Food

6.9

Reviews

1 / 20
10.0
Excellent

Anonymous,Apr 2026

LIM - PTY

Fast boarding, polite and helpful staff. Lowest cost across all airlines
United Airlines
7.4
Good
9,895 reviews
Copa Airlines
7.6
Good
1,566 reviews
Check prices

Boarding

7.8

Entertainment

6.8

Overall

7.6

Comfort

7.4

Crew

8.1

Food

6.9

Reviews

1 / 20
10.0
Excellent

Anonymous,Apr 2026

LIM - PTY

Fast boarding, polite and helpful staff. Lowest cost across all airlines
Avianca
6.5
Okay
2,536 reviews
Copa Airlines
7.6
Good
1,566 reviews
Check prices

Boarding

7.8

Entertainment

6.8

Overall

7.6

Comfort

7.4

Crew

8.1

Food

6.9

Reviews

1 / 20
10.0
Excellent

Anonymous,Apr 2026

LIM - PTY

Fast boarding, polite and helpful staff. Lowest cost across all airlines

Related info for your journey

Find useful and relevant information for your journey from Toronto 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?

    If you book a flight to Panama City from Toronto, you will be flying to Tocumen Intl, which is the city’s only airport. Panama City Tocumen Intl (PTY) is located 18.4 km from the centre of Panama City. There are 0 flights from Toronto to Tocumen Intl per day from 4 different airlines.

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

    Departing from Toronto to Panama City will take you 14h 10m. There are 3790 km between Toronto and Panama City. Both multi-stop and direct flights can be found to your destination and back.

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

    Our cheapest airline available from Toronto to Panama City is Avianca. Our recent data shows that you can find tickets from as low as C$ 342 on this airline. Additional options worth looking into are Delta and Copa Airlines, starting at C$ 458 and C$ 670 round-trip. You may be able to fly from Toronto to Panama City for 60% less than the average price by searching for these airlines.

  • What are the cheapest airlines to fly from Toronto to Panama City one-way?

    One-way options have recently been found by users for as low as C$ 242 on Avianca. Other airlines that offer cheap prices include United Airlines from C$ 350 and Copa Airlines from C$ 595 one-way.

  • What are the most popular routes from Toronto to Panama City?

    The most popular route from Toronto to Panama City is Toronto Pearson Intl - Panama City Tocumen Intl. You may also consider Toronto Island - Panama City Tocumen Intl or Hamilton - Panama City Tocumen Intl.

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

    While on average a flight from Toronto to Panama City is generally C$ 936, our data shows the cheapest flight currently is C$ 259. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 758 for that flight.

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

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

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

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

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

    Yes. Cheapflights offers flight deals from Toronto 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 to Panama City?

    Currently, March is the cheapest month in which you can book a flight from Toronto to Panama City (average of C$ 331). Flying from Toronto to Panama City in July is currently the most expensive (average of C$ 764). 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

Browse thousands of different options on Cheapflights for your next trip

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Fly from Toronto to Panama City on these airlines

Choose from the following airlines for your flight from Toronto to Panama City. Flights are based on user searches made on Cheapflights and were last updated on 29 June 2026.
Copa Airlines flights from Toronto to Panama City Tocumen Intl
Avianca flights from Toronto to Panama City Tocumen Intl

Top 4 airlines flying from Toronto to Panama City

Discover the top 4 airlines that operate flights from Toronto 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 29 June 2026.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 342AverageC$ 720FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 458AverageC$ 728FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
Copa AirlinesCheapestC$ 670AverageC$ 872FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights
United AirlinesCheapestC$ 727AverageC$ 806FlexibilityNo cancel feeOn-time69%
Search United Airlines flights

Fly with Cheapflights

Find the best flight deals on Cheapflights, where travelers can enjoy low prices and a wide availability of flights to their desired destinations.

How does Cheapflights help users find flights from Toronto to Panama City?

Deals for Toronto to Panama City flights are sourced from 900+ travel sites when you use Cheapflights. When all flight results come back, Cheapflights lets you sort and filter flights using different criteria to choose better, like price, airport, cabin class, and plenty of other options.

Why should you use Cheapflights to find cheap flight tickets from Toronto to Panama City?

Cheapflights taps into our reliable network of hundreds of airlines and travel agencies to find the best deals for flights from Toronto to Panama City for you. Better yet — we are completely free to use.

Can Cheapflights find flights from Toronto to Panama City with no change fees?

Need flexible booking options for your flight to Panama City from Toronto? Don’t worry, Cheapflights have you covered. Use our search filter to only show flights with no change fees.

Can Cheapflights notify me if prices for flights from Toronto to Panama City become cheaper?

Yes, and it’s super simple to set up. Click the bell icon next to the flight deals above and provide a valid email address to enable Price Alerts. That’s it!

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