Cheap flights from Toronto to Panama City from C$ 338

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 13/6. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — PTY
13 Jun — 20 Jun1
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 Tuesday

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 14 May 2026.

Sun 14/68:55 a.m.
YYZ
-
PTY
1 stop9h 05m
Avianca
Tue 23/610:10 a.m.
PTY
-
YYZ
2 stops13h 20m
Avianca
Deal found 13/5C$ 666
Sun 14/611:58 p.m.
YYZ
-
PTY
Nonstop5h 29m
Copa Airlines
Sun 28/66:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 11/5C$ 667
Mon 15/62:58 p.m.
YYZ
-
PTY
Nonstop5h 29m
Multiple Airlines
Sun 21/610:10 a.m.
PTY
-
YYZ
2 stops30h 45m
Multiple Airlines
Deal found 12/5C$ 799
Wed 17/61:55 a.m.
YYZ
-
PTY
1 stop9h 35m
Avianca
Mon 22/65:55 p.m.
PTY
-
YYZ
1 stop28h 35m
Avianca
Deal found 12/5C$ 804
Wed 17/61:55 a.m.
YYZ
-
PTY
1 stop9h 35m
Avianca
Sun 28/65:30 a.m.
PTY
-
YYZ
1 stop8h 45m
Avianca
Deal found 13/5C$ 806
Mon 15/68:55 a.m.
YYZ
-
PTY
1 stop9h 05m
Avianca
Wed 24/65:30 a.m.
PTY
-
YYZ
1 stop8h 45m
Avianca
Deal found 13/5C$ 807
Wed 7/106:10 a.m.
YYZ
-
PTY
1 stop9h 04m
United Airlines
Wed 14/109:45 a.m.
PTY
-
YYZ
1 stop11h 38m
United Airlines
Deal found 13/5C$ 811
Wed 23/98:50 a.m.
YYZ
-
PTY
2 stops10h 47m
United Airlines
Wed 30/99:45 a.m.
PTY
-
YYZ
2 stops13h 09m
United Airlines
Deal found 12/5C$ 812
Mon 15/63:58 p.m.
YYZ
-
PTY
Nonstop5h 29m
Copa Airlines
Sun 5/76:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 12/5C$ 834
Mon 31/88:00 p.m.
YYZ
-
PTY
1 stop9h 04m
United Airlines
Sat 12/93:30 p.m.
PTY
-
YYZ
1 stop21h 54m
United Airlines
Deal found 13/5C$ 836
Wed 7/107:00 a.m.
YYZ
-
PTY
2 stops13h 31m
United Airlines
Fri 16/109:45 a.m.
PTY
-
YYZ
2 stops13h 09m
United Airlines
Deal found 13/5C$ 837
Mon 31/87:00 p.m.
YYZ
-
PTY
1 stop10h 04m
United Airlines
Fri 11/93:30 p.m.
PTY
-
YYZ
1 stop30h 06m
United Airlines
Deal found 12/5C$ 838

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 14 May 2026.

Round-trip from

C$ 666

One-way from

C$ 338

Popular in

December

Cheapest in

November

Average price

C$ 870

Good round-trip deal

C$ 808 or less

Good one-way deal

C$ 376 or less
Avianca
  • Avianca
  • 14/6-23/6
  • 3 total stops
  • 22h 25m total
  • Toronto to Panama City
Copa Airlines
  • Copa Airlines
  • 15/6
  • Nonstop
  • 5h 29m total
  • Toronto to Panama City
Highest demand for flights based on searches. 2% potential increase in price (C$ 27 potential increase over avg. RT price).
Cheapest flight prices on average. 2% potential price decrease (C$ 24 potential savings vs. average RT price).
Average for round-trip flights in May 2026
Price to beat on a round-trip flight from Toronto (YTO) to Panama City Tocumen Intl.
Price to beat on a one-way flight from Toronto (YTO) to Panama City Tocumen Intl.

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 May 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

Wed 23/9

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

1 stop13h 27m

Panama City Tocumen Intl

Mon 28/9

9:45 a.m.-10:23 p.m.

1 stop11h 38m

C$ 812

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 24/9

2:30 p.m.-6:37 p.m.

2 stops29h 07m

Panama City Tocumen Intl

Mon 28/9

3:30 p.m.-3:14 p.m.

2 stops22h 44m

C$ 812

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Fri 25/9

6:10 a.m.-2:14 p.m.

1 stop9h 04m

Panama City Tocumen Intl

Mon 28/9

9:45 a.m.-10:23 p.m.

1 stop11h 38m

C$ 837

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sat 31/10

3:00 p.m.-2:45 p.m.

2 stops24h 45m

Panama City Tocumen Intl

Mon 5/4

10:00 a.m.-11:29 p.m.

2 stops36h 29m

C$ 837

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 4/10

10:45 a.m.-7:31 p.m.

1 stop9h 46m

Panama City Tocumen Intl

Thu 8/10

9:45 a.m.-10:23 p.m.

1 stop11h 38m

C$ 837

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 30/8

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

1 stop13h 27m

Panama City Tocumen Intl

Sun 13/9

3:30 p.m.-5:56 p.m.

2 stops25h 26m

C$ 862

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 1/11

7:40 p.m.-8:02 p.m.

2 stops24h 22m

Panama City Tocumen Intl

Sat 19/12

11:55 p.m.-11:48 a.m.

1 stop11h 53m

C$ 863

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sat 22/8

7:30 a.m.-7:31 p.m.

1 stop13h 01m

Panama City Tocumen Intl

Sat 29/8

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

2 stops19h 07m

C$ 864
Quickest round-trip

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 16/6

2:58 p.m.-7:27 p.m.

Nonstop5h 29m

Panama City Tocumen Intl

Tue 30/6

6:42 p.m.-1:13 a.m.

Nonstop5h 31m

C$ 874

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 1/11

7:40 p.m.-2:45 p.m.

2 stops19h 05m

Panama City Tocumen Intl

Sat 21/11

4:41 p.m.-1:33 p.m.

2 stops20h 52m

C$ 881

Flights are sorted by cheapest round-trip flights first.

Deals found on 13/5

Showing 1-10 of 45 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

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.

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$ 319). Flying from Toronto to Panama City in February is currently the most expensive (average of C$ 625). 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 May 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 34% on your trip compared to booking a flight in the evening.

Weekly flight availability from Toronto to Panama City

Explore weekly flight availability from Toronto to Panama City. Discover flights operating on different days of the week, giving you the flexibility to choose a travel day that best fits your plans. Compare info to find the most convenient option for your journey. Data last updated 14 May 2026.

The most flights from YTO to PTY are scheduled on a Monday (1 on average). You will have fewer flight options on Monday, which is when the least amount of flights are scheduled (1 on average).

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.

San Salvador (SAL) – chosen by Cheapflights users on 46% 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$ 631.

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 Houston (IAH) have the shortest average one-way travel time for 1-stop routes: 9h 04m.

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 San Salvador (SAL) offer the fastest connection on this route, with an average layover time of 1h 58m.

How often are flights from Toronto to Panama City delayed?

About 12% of weekly flights between Toronto and Panama City have experienced delays in the past year, with the average delay time being 121 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 12% of flights being delayed.

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 May 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.

Boarding

7.8

Comfort

7.4

Overall

7.5

Food

6.8

Crew

8.1

Entertainment

6.8

Reviews

1 / 20
10.0
Excellent

Anonymous,Apr 2026

LIM - PTY

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

Boarding

7.8

Comfort

7.4

Overall

7.5

Food

6.8

Crew

8.1

Entertainment

6.8

Reviews

1 / 20
10.0
Excellent

Anonymous,Apr 2026

LIM - PTY

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

Boarding

7.8

Comfort

7.4

Overall

7.5

Food

6.8

Crew

8.1

Entertainment

6.8

Reviews

1 / 20
10.0
Excellent

Anonymous,Apr 2026

LIM - PTY

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

Boarding

7.8

Comfort

7.4

Overall

7.5

Food

6.8

Crew

8.1

Entertainment

6.8

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 is 1 flight 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 13h 27m. There are 3846 km between Toronto and Panama City.

  • 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$ 345 on this airline. Additional options worth looking into are Delta and Copa Airlines, starting at C$ 442 and C$ 649 round-trip. You may be able to fly from Toronto to Panama City for 58% 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$ 234 on Avianca. Other airlines that offer cheap prices include United Airlines from C$ 338 and Copa Airlines from C$ 574 one-way.

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

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

    While on average a flight from Toronto to Panama City is generally C$ 1,481, our data shows the cheapest flight currently is C$ 315. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 812 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$ 319). Flying from Toronto to Panama City in February is currently the most expensive (average of C$ 625). 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 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 May 2026.

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 14 May 2026.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 345AverageC$ 686FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 442AverageC$ 710FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
Copa AirlinesCheapestC$ 649AverageC$ 842FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights
United AirlinesCheapestC$ 702AverageC$ 779FlexibilityNo 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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