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Cheap flights from Toronto to Panama City from C$ 307

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 29/10. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — PTY
19 Aug — 26 Aug1
1 adult

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

Cheap 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 14 August 2025.

Round-trip from

C$ 656

One-way from

C$ 307

Popular in

December

Cheapest in

September

Average price

C$ 848

Good round-trip deal

C$ 802 or less

Good one-way deal

C$ 435 or less
Avianca
  • Avianca
  • 1/10-8/10
  • 2 total stops
  • 28h 10m total
  • Toronto to Panama City
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29/10
  • 29/10
  • 2 total stops
  • 38h 45m total
  • Toronto to Panama City
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Highest demand for flights based on searches. 11% potential increase in price (C$ 159 potential increase over avg. RT price).
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Cheapest flight prices on average. 5% potential price decrease (C$ 62 potential savings vs. average RT price).
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Average for round-trip flights in August 2025
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Price to beat on a round-trip flight from Toronto (YTO) to Panama City Tocumen Intl.
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Price to beat on a one-way flight from Toronto (YTO) to Panama City Tocumen Intl.
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Find flight deals from Toronto to Panama City

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 14 August 2025.

Wed 15/1011:50 p.m.YYZ - PTY
1 stop17h 40mAvianca
Thu 30/105:55 p.m.PTY - YYZ
1 stop12h 40mAvianca
Deal found 14/8C$ 656
Wed 17/99:05 a.m.YYZ - PTY
1 stop13h 05mAvianca
Wed 24/910:05 p.m.PTY - YYZ
2 stops16h 05mAvianca
Deal found 14/8C$ 658
Wed 10/911:50 p.m.YYZ - PTY
1 stop17h 40mAvianca
Wed 17/95:25 p.m.PTY - YYZ
2 stops20h 45mAvianca
Deal found 13/8C$ 659
Sat 20/95:10 p.m.YYZ - PTY
2 stops18h 00mAvianca
Tue 23/95:25 p.m.PTY - YYZ
1 stop12h 50mAvianca
Deal found 13/8C$ 663
Wed 24/95:10 p.m.YYZ - PTY
2 stops16h 45mAvianca
Tue 30/95:25 p.m.PTY - YYZ
2 stops20h 45mAvianca
Deal found 13/8C$ 669
Mon 22/911:50 p.m.YYZ - PTY
1 stop17h 40mAvianca
Mon 29/98:10 p.m.PTY - YYZ
1 stop18h 00mAvianca
Deal found 14/8C$ 671
Sat 13/95:10 p.m.YYZ - PTY
1 stop18h 15mAvianca
Mon 3/115:55 p.m.PTY - YYZ
2 stops20h 15mAvianca
Deal found 14/8C$ 674
Thu 27/117:45 a.m.YYZ - PTY
1 stop30h 07mDelta
Fri 5/123:17 p.m.PTY - YYZ
2 stops26h 06mDelta
Deal found 14/8C$ 693
Thu 21/83:25 p.m.YTZ - PTY
3 stops26h 05mMultiple Airlines
Mon 25/810:05 p.m.PTY - YTZ
3 stops22h 26mMultiple Airlines
Deal found 12/8C$ 1,081
Thu 21/812:35 p.m.YTZ - PTY
3 stops33h 35mMultiple Airlines
Tue 26/83:20 a.m.PTY - YTZ
2 stops13h 23mMultiple Airlines
Deal found 12/8C$ 1,205
Wed 10/95:15 p.m.YTZ - PTY
2 stops18h 10mMultiple Airlines
Wed 17/93:40 p.m.PTY - YTZ
2 stops17h 55mMultiple Airlines
Deal found 13/8C$ 1,217
Wed 17/91:35 p.m.YTZ - PTY
3 stops20h 20mMultiple Airlines
Tue 23/93:20 a.m.PTY - YTZ
2 stops13h 33mMultiple Airlines
Deal found 14/8C$ 1,252

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 14 August 2025.
Use the filters below to find and compare flights from Toronto to Panama City that are best for you.

Fly from

Toronto

Fly to

Panama City

Route

Depart

Return

Price

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 7/10

9:00 a.m.-1:35 p.m.

Nonstop5h 35m

Panama City Tocumen Intl

Tue 14/10

6:41 p.m.-1:13 a.m.

Nonstop5h 32m

C$ 656

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 26/10

8:55 a.m.-1:00 a.m.

1 stop17h 05m

Panama City Tocumen Intl

Tue 11/11

2:55 a.m.-10:35 p.m.

1 stop19h 40m

C$ 656

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 9/10

9:00 a.m.-1:35 p.m.

Nonstop5h 35m

Panama City Tocumen Intl

Mon 13/10

6:41 p.m.-1:13 a.m.

Nonstop5h 32m

C$ 656

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 17/11

8:45 a.m.-2:27 p.m.

Nonstop5h 42m

Panama City Tocumen Intl

Mon 24/11

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

Nonstop5h 34m

C$ 656

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 25/9

11:50 p.m.-4:30 p.m.

1 stop17h 40m

Panama City Tocumen Intl

Sun 28/9

10:05 p.m.-3:10 p.m.

2 stops16h 05m

C$ 658

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 21/10

5:10 p.m.-10:10 a.m.

2 stops18h 00m

Panama City Tocumen Intl

Mon 27/10

5:55 p.m.-3:10 p.m.

2 stops20h 15m

C$ 660

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sat 20/9

5:10 p.m.-10:10 a.m.

2 stops18h 00m

Panama City Tocumen Intl

Tue 23/9

10:05 p.m.-3:10 p.m.

2 stops16h 05m

C$ 664

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 26/10

8:45 a.m.-1:20 p.m.

Nonstop5h 35m

Panama City Tocumen Intl

Wed 12/11

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

Nonstop5h 34m

C$ 671

HamiltonPanama City

YHM - PTY

YHMPTY

Hamilton

Wed 28/1

6:10 p.m.-9:20 a.m.

1 stop15h 10m

Panama City Tocumen Intl

Thu 19/2

10:20 a.m.-1:21 p.m.

1 stop27h 01m

C$ 1,135

TorontoPanama City

YTZ - PTY

YTZPTY

Toronto Island

Wed 10/9

5:15 p.m.-10:25 a.m.

2 stops18h 10m

Panama City Tocumen Intl

Wed 17/9

3:40 p.m.-10:35 a.m.

2 stops17h 55m

C$ 1,217

Flights are sorted by cheapest round-trip flights first.

Deals found on 12/8

Showing 1-10 of 36 results
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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

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

Use this chart to determine the optimal time to book a round-trip flight from Toronto to Panama City. Price data was last updated on 8 August 2025.

Booking 53 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.

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

Currently, January is the cheapest month in which you can book a flight from Toronto to Panama City (average of C$ 542). Flying from Toronto 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 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 14 August 2025.

A simple way to save on the total cost of your ticket is to fly from Toronto to Panama City at noon. If you’re flexible enough to do this you can expect to save up to 31% 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 44% 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.

San Salvador (SAL) is the most affordable 1-stop option, with an average round-trip price of C$ 664.

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 Washington, D.C. (IAD) have the shortest average one-way travel time for 1-stop routes: 8h 18m.

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 Calgary (YYC) offer the fastest connection on this route, with an average layover time of 1h 51m.

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 14 August 2025.
Check out reviews from past customers who have flown with Copa Airlines,United Airlines, andAmerican Airlines 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
7.5
Good
1,509 reviews
Check prices

Entertainment

6.8

Crew

8.1

Overall

7.5

Boarding

7.8

Comfort

7.4

Food

6.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,May 2025

LIM - PTY

This was my first tome flying with this airline and needless to say, I was not impressed! The seats were not comfortable at all. You could feel the metal digging into your skin. Also, there was a kid behind me that kept putting his knees up on the seat and usually this doesn’t bother me, but I was able to feel his knees dig into my back every single time. The food was mediocore at best. There were no phone chargers on an almost 5 hour flight! Horrible experience. Will never fly with Copa airlines again!
Copa Airlines
7.5
Good
1,509 reviews
Copa Airlines
7.5
Good
1,509 reviews
Check prices

Entertainment

6.8

Crew

8.1

Overall

7.5

Boarding

7.8

Comfort

7.4

Food

6.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,May 2025

LIM - PTY

This was my first tome flying with this airline and needless to say, I was not impressed! The seats were not comfortable at all. You could feel the metal digging into your skin. Also, there was a kid behind me that kept putting his knees up on the seat and usually this doesn’t bother me, but I was able to feel his knees dig into my back every single time. The food was mediocore at best. There were no phone chargers on an almost 5 hour flight! Horrible experience. Will never fly with Copa airlines again!
United Airlines
7.4
Good
8,916 reviews
Copa Airlines
7.5
Good
1,509 reviews
Check prices

Entertainment

6.8

Crew

8.1

Overall

7.5

Boarding

7.8

Comfort

7.4

Food

6.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,May 2025

LIM - PTY

This was my first tome flying with this airline and needless to say, I was not impressed! The seats were not comfortable at all. You could feel the metal digging into your skin. Also, there was a kid behind me that kept putting his knees up on the seat and usually this doesn’t bother me, but I was able to feel his knees dig into my back every single time. The food was mediocore at best. There were no phone chargers on an almost 5 hour flight! Horrible experience. Will never fly with Copa airlines again!
American Airlines
7.2
Good
10,000 reviews
Copa Airlines
7.5
Good
1,509 reviews
Check prices

Entertainment

6.8

Crew

8.1

Overall

7.5

Boarding

7.8

Comfort

7.4

Food

6.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,May 2025

LIM - PTY

This was my first tome flying with this airline and needless to say, I was not impressed! The seats were not comfortable at all. You could feel the metal digging into your skin. Also, there was a kid behind me that kept putting his knees up on the seat and usually this doesn’t bother me, but I was able to feel his knees dig into my back every single time. The food was mediocore at best. There were no phone chargers on an almost 5 hour flight! Horrible experience. Will never fly with Copa airlines again!
Avianca
6.7
Okay
2,401 reviews
Copa Airlines
7.5
Good
1,509 reviews
Check prices

Entertainment

6.8

Crew

8.1

Overall

7.5

Boarding

7.8

Comfort

7.4

Food

6.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,May 2025

LIM - PTY

This was my first tome flying with this airline and needless to say, I was not impressed! The seats were not comfortable at all. You could feel the metal digging into your skin. Also, there was a kid behind me that kept putting his knees up on the seat and usually this doesn’t bother me, but I was able to feel his knees dig into my back every single time. The food was mediocore at best. There were no phone chargers on an almost 5 hour flight! Horrible experience. Will never fly with Copa airlines again!

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 6 different airlines.

  • 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$ 472 on this airline. Additional options worth looking into are Delta and United Airlines, starting at C$ 484 and C$ 577 round-trip. You may be able to fly from Toronto to Panama City for 45% less than the average price by searching for these airlines.

  • 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$ 1,464, our data shows the cheapest flight currently is C$ 327. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 656 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, January is the cheapest month in which you can book a flight from Toronto to Panama City (average of C$ 542). Flying from Toronto 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

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 14 August 2025.
Copa Airlines flights from Toronto to Panama City Tocumen Intl
Avianca flights from Toronto to Panama City Tocumen Intl

Top 6 airlines flying from Toronto to Panama City

Discover the top 6 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 14 August 2025.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 472AverageC$ 658FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 484AverageC$ 978FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
United AirlinesCheapestC$ 577AverageC$ 721FlexibilityNo cancel feeOn-time69%
Search United Airlines flights
American AirlinesCheapestC$ 604AverageC$ 789FlexibilityNo cancel feeOn-time71%
Search American Airlines flights
Copa AirlinesCheapestC$ 678AverageC$ 866FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights
WestJet EncoreCheapestC$ 960AverageC$ 1,344FlexibilityNo cancel feeOn-timeN/A
Search WestJet Encore 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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