Cheap flights from Toronto to Panama City from C$ 350

YTO — PTY
9 Dec — 16 Dec1
1 adult
1 adult, Economy, 0 bags
Cheapflights Tip: The best prices from Toronto to Panama City Tocumen Intl are usually found in June or April, booked 3 days in advance, depart on a Tuesday or Thursday and return on a Thursday

Cheap flight deals from Toronto to Panama City

Enter your travel dates to find the best prices.

Cheapest flights from Toronto to Panama City

Wed 25/117:50 a.m. -
1 stop9h 25m
Wed 2/124:10 p.m. -
1 stop14h 15m
Deal found 9/11C$ 778
Sun 22/1111:40 p.m. -
1 stop15h 35m
Sun 29/114:10 p.m. -
1 stop14h 15m
Deal found 7/11C$ 781
Wed 25/117:50 a.m. -
1 stop17h 30m
Sun 29/114:10 p.m. -
1 stop14h 15m
Deal found 8/11C$ 787
Sun 22/1111:40 p.m. -
1 stop15h 35m
Tue 24/1110:05 a.m. -
1 stop12h 15m
Deal found 5/11C$ 788
Sun 29/117:50 a.m. -
1 stop9h 25m
Wed 2/124:10 p.m. -
2 stops13h 10m
Deal found 7/11C$ 790
Sat 28/1111:40 p.m. -
1 stop15h 35m
Fri 4/122:30 a.m. -
1 stop19h 50m
Deal found 9/11C$ 800
Thu 26/117:50 a.m. -
1 stop9h 25m
Mon 30/112:30 a.m. -
1 stop19h 50m
Deal found 6/11C$ 815
Wed 25/117:50 a.m. -
1 stop17h 30m
Fri 11/124:10 p.m. -
2 stops13h 10m
Deal found 6/11C$ 818
Mon 30/1111:40 p.m. -
1 stop15h 35m
Mon 14/126:10 p.m. -
1 stop12h 15m
Deal found 8/11C$ 821

Find flight deals from Toronto to Panama City

Round-trip from

C$ 740

One-way from

C$ 350

Popular in

December

Cheapest in

June

Average price

C$ 990

Good round-trip deal

C$ 909 or less

Good one-way deal

C$ 440 or less
American Airlines
  • American Airlines
  • 3/1-24/1
  • 2 total stops
  • 48h 19m total
  • Toronto to Panama City
Copa Airlines
  • Copa Airlines
  • 31/12-31/12
  • Nonstop
  • 5h 45m total
  • Toronto to Panama City
Highest demand for flights based on searches. 4% potential increase in price (C$ 63 potential increase over avg. RT price).
Cheapest flight prices on average. 1% potential price decrease (C$ 19 potential savings vs. average RT price).
Average for round-trip flights in November 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

 
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
Quickest round-trip

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Thu 31/12

8:30 a.m.-2:15 p.m.

Nonstop5h 45m

Panama City Tocumen Intl

Wed 31/12

12:00 a.m.-12:00 a.m.

Nonstop0h 00m

C$ 350

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Thu 31/12

7:15 a.m.-5:03 p.m.

1 stop9h 48m

Panama City Tocumen Intl

Wed 31/12

12:00 a.m.-12:00 a.m.

Nonstop0h 00m

C$ 545

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Wed 18/11

6:00 p.m.-8:03 a.m.

1 stop14h 03m

Panama City Tocumen Intl

Wed 31/12

12:00 a.m.-12:00 a.m.

Nonstop0h 00m

C$ 582

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Tue 15/12

6:15 a.m.-2:03 p.m.

1 stop7h 48m

Panama City Tocumen Intl

Wed 31/12

12:00 a.m.-12:00 a.m.

Nonstop0h 00m

C$ 733

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Sun 3/1

7:05 a.m.-3:33 p.m.

1 stop8h 28m

Panama City Tocumen Intl

Wed 31/12

12:00 a.m.-12:00 a.m.

Nonstop0h 00m

C$ 800

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Wed 7/4

8:55 a.m.-5:00 p.m.

1 stop9h 05m

Panama City Tocumen Intl

Sun 11/4

4:25 a.m.-11:30 p.m.

1 stop18h 05m

C$ 801

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Thu 24/12

10:50 p.m.-8:05 a.m.

2 stops33h 15m

Panama City Tocumen Intl

Wed 31/12

12:00 a.m.-12:00 a.m.

Nonstop0h 00m

C$ 814

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Sat 3/4

8:30 a.m.-1:15 p.m.

Nonstop5h 45m

Panama City Tocumen Intl

Mon 12/4

6:40 p.m.-1:13 a.m.

Nonstop5h 33m

C$ 815

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Wed 7/4

8:30 a.m.-1:15 p.m.

Nonstop5h 45m

Panama City Tocumen Intl

Sun 11/4

6:40 p.m.-1:13 a.m.

Nonstop5h 33m

C$ 815

TorontoPanama City

YYZ Toronto Pearson Intl - PTY Panama City Tocumen Intl

YYZPTY

Toronto Pearson Intl

Tue 15/12

5:55 p.m.-5:12 p.m.

2 stops23h 17m

Panama City Tocumen Intl

Wed 31/12

12:00 a.m.-12:00 a.m.

Nonstop0h 00m

C$ 819

Flights are sorted by cheapest round-trip flights first.

Deals found on 9/11

Showing 1-10 of 18 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

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, April is the cheapest month in which you can book a flight from Toronto to Panama City (average of C$ 816). Flying from Toronto to Panama City in December is currently the most expensive (average of C$ 1,244). 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?

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 21% on your trip compared to booking a flight at noon.

Weekly flight availability from Toronto to Panama City

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?

Airfare is below average for this route at the moment.
Toronto to Panama City flights typically cost between C$ 894 and C$ 1,061 in January.
The cheapest round-trip price found within the last 5 days was C$ 740 on American Airlines (3 Jan-24 Jan).

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

Bogotá (BOG) – chosen by Cheapflights users on 43% of one-stop itineraries from Toronto to Panama City on Cheapflights.

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

Bogotá (BOG) is the most affordable 1-stop option, with an average round-trip price of C$ 724.

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

Flights via Newark (EWR) have the shortest average one-way travel time for 1-stop routes: 9h 17m.

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

Flights via Newark (EWR) offer the fastest connection on this route, with an average layover time of 2h 16m.

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 131 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 at night tend to experience delays more often.

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

Wednesday 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 48 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

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.

Overall

7.6

Comfort

7.4

Crew

8.1

Food

7.0

Entertainment

6.9

Boarding

7.8

Reviews

1 / 20
4.0
Okay

Marcos,Nov 2026

BOS - PTY

Not good. Boarding was delayed about 30/40min which made my making my connection very stressful. On top of that, the accommodations (seating, entertainment, and food) were subpar -- to say the least. I've traveled a lot between the US and Argentina and this may have been my worst experience yet.

Overall

7.6

Comfort

7.4

Crew

8.1

Food

7.0

Entertainment

6.9

Boarding

7.8

Reviews

1 / 20
4.0
Okay

Marcos,Nov 2026

BOS - PTY

Not good. Boarding was delayed about 30/40min which made my making my connection very stressful. On top of that, the accommodations (seating, entertainment, and food) were subpar -- to say the least. I've traveled a lot between the US and Argentina and this may have been my worst experience yet.

Overall

7.6

Comfort

7.4

Crew

8.1

Food

7.0

Entertainment

6.9

Boarding

7.8

Reviews

1 / 20
4.0
Okay

Marcos,Nov 2026

BOS - PTY

Not good. Boarding was delayed about 30/40min which made my making my connection very stressful. On top of that, the accommodations (seating, entertainment, and food) were subpar -- to say the least. I've traveled a lot between the US and Argentina and this may have been my worst experience yet.

Overall

7.6

Comfort

7.4

Crew

8.1

Food

7.0

Entertainment

6.9

Boarding

7.8

Reviews

1 / 20
4.0
Okay

Marcos,Nov 2026

BOS - PTY

Not good. Boarding was delayed about 30/40min which made my making my connection very stressful. On top of that, the accommodations (seating, entertainment, and food) were subpar -- to say the least. I've traveled a lot between the US and Argentina and this may have been my worst experience yet.

Related info for your journey

  • 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 5h 45m. There are 3846 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$ 333 on this airline. Additional options worth looking into are Delta and United Airlines, starting at C$ 617 and C$ 737 round-trip. You may be able to fly from Toronto to Panama City for 64% 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$ 344 on Copa Airlines. Other airlines that offer cheap prices include Avianca from C$ 346 and United Airlines from C$ 364 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$ 1,924, our data shows the cheapest flight currently is C$ 344. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 770 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, April is the cheapest month in which you can book a flight from Toronto to Panama City (average of C$ 816). Flying from Toronto to Panama City in December is currently the most expensive (average of C$ 1,244). 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

Top 4 airlines flying from Toronto to Panama City

AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 333AverageC$ 775FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 617AverageC$ 1,102FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
United AirlinesCheapestC$ 737AverageC$ 859FlexibilityNo cancel feeOn-time69%
Search United Airlines flights
Copa AirlinesCheapestC$ 741AverageC$ 926FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights

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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.

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