Cheap flights from Toronto to Panama 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
8 Jun — 15 Jun1
1 adult
1 adult, Economy, 0 bags

Cheap flight deals from Toronto to Panama

Enter your travel dates to find the best prices.

Cheapest flights from Toronto to Panama
Explore the most affordable flight options available from Toronto to Panama. Find the lowest fares from popular airlines and budget airlines, with prices last updated on 9 May 2026.

Mon 15/63:58 p.m.
YYZ
-
PTY
Nonstop5h 29m
Copa Airlines
Wed 24/66:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 7/5C$ 667
Wed 17/68:30 a.m.
YYZ
-
PTY
Nonstop5h 29m
Copa Airlines
Wed 24/66:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 4/5C$ 753
Tue 1/92:30 p.m.
YYZ
-
PTY
2 stops14h 34m
United Airlines
Tue 29/99:45 a.m.
PTY
-
YYZ
1 stop11h 38m
United Airlines
Deal found 8/5C$ 812
Mon 21/96:10 a.m.
YYZ
-
PTY
1 stop9h 04m
United Airlines
Tue 29/99:45 a.m.
PTY
-
YYZ
1 stop11h 38m
United Airlines
Deal found 5/5C$ 813
Mon 21/910:45 a.m.
YYZ
-
PTY
1 stop9h 46m
United Airlines
Mon 28/99:45 a.m.
PTY
-
YYZ
2 stops13h 09m
United Airlines
Deal found 4/5C$ 815
Tue 2/63:00 p.m.
YYZ
-
PTY
1 stop29h 31m
United Airlines
Wed 1/73:30 p.m.
PTY
-
YYZ
2 stops19h 19m
United Airlines
Deal found 4/5C$ 816
Sun 6/96:10 a.m.
YYZ
-
PTY
1 stop9h 04m
United Airlines
Thu 17/93:30 p.m.
PTY
-
YYZ
2 stops21h 12m
United Airlines
Deal found 8/5C$ 838
Sun 30/87:30 a.m.
YYZ
-
PTY
1 stop13h 01m
United Airlines
Tue 8/910:00 a.m.
PTY
-
YYZ
1 stop27h 24m
United Airlines
Deal found 6/5C$ 839
Sun 6/97:43 p.m.
YYZ
-
PTY
2 stops19h 31m
Air Canada
Thu 17/99:45 a.m.
PTY
-
YYZ
1 stop11h 38m
Air Canada
Deal found 5/5C$ 846
Mon 21/96:10 a.m.
YYZ
-
PTY
1 stop9h 04m
Copa Airlines
Tue 29/93:30 p.m.
PTY
-
YYZ
2 stops19h 19m
Copa Airlines
Deal found 5/5C$ 847
Mon 21/99:00 p.m.
YYZ
-
PTY
2 stops18h 14m
Copa Airlines
Mon 28/99:45 a.m.
PTY
-
YYZ
1 stop11h 38m
Copa Airlines
Deal found 5/5C$ 849
Thu 24/92:55 p.m.
YTZ
-
PTY
2 stops24h 19m
United Airlines
Mon 28/93:30 p.m.
PTY
-
YTZ
2 stops26h 12m
United Airlines
Deal found 7/5C$ 920

Find flight deals from Toronto to Panama

Keep the following information in mind while searching for Toronto to Panama flight deals. Data was last updated 9 May 2026.

Round-trip from

C$ 667

One-way from

C$ 338

Popular in

December

Cheapest in

November

Average price

C$ 868

Good round-trip deal

C$ 721 or less

Good one-way deal

C$ 362 or less
Copa Airlines
  • Copa Airlines
  • 15/6-24/6
  • Nonstop
  • 11h 00m total
  • Toronto to Panama
Copa Airlines
  • Copa Airlines
  • 13/6
  • Nonstop
  • 5h 29m total
  • Toronto to Panama
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.
Price to beat on a one-way flight from Toronto (YTO) to Panama.

Cheapflights Fare Finder

 
Customize your flight search to find flights from Toronto to Panama 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 9 May 2026.
Use the filters below to find and compare flights from Toronto to Panama 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 16/9

7:00 p.m.-7:31 p.m.

1 stop25h 31m

Panama City Tocumen Intl

Mon 21/9

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

2 stops22h 44m

C$ 812

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 6/9

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

1 stop9h 04m

Panama City Tocumen Intl

Thu 17/9

3:30 p.m.-1:42 p.m.

2 stops21h 12m

C$ 838

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

Tue 8/9

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

2 stops25h 26m

C$ 839

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.-9:29 a.m.

1 stop9h 34m

C$ 864

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 1/6

7:00 p.m.-7:31 p.m.

1 stop25h 31m

Panama City Tocumen Intl

Thu 11/6

3:30 p.m.-11:49 a.m.

2 stops19h 19m

C$ 865

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 8/6

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

1 stop13h 27m

Panama City Tocumen Intl

Wed 10/6

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

1 stop11h 38m

C$ 887

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sat 27/6

1:00 p.m.-2:14 p.m.

2 stops26h 14m

Panama City Tocumen Intl

Sun 12/7

10:00 a.m.-9:54 a.m.

2 stops22h 54m

C$ 890

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 20/7

8:00 p.m.-4:04 a.m.

1 stop9h 04m

Panama City Tocumen Intl

Tue 28/7

9:45 a.m.-11:54 p.m.

2 stops13h 09m

C$ 890
Quickest round-trip

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Fri 29/5

8:00 p.m.-4:04 a.m.

1 stop9h 04m

Panama City Tocumen Intl

Fri 5/6

10:55 p.m.-9:19 a.m.

1 stop9h 24m

C$ 892

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 7/7

2:45 p.m.-4:04 a.m.

2 stops14h 19m

Panama City Tocumen Intl

Mon 13/7

10:00 a.m.-11:59 p.m.

2 stops12h 59m

C$ 892

Flights are sorted by cheapest round-trip flights first.

Deals found on 7/5

Showing 1-10 of 60 resultsSorted by cheapest first
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6

Best time to book a flight from Toronto to Panama

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

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

Booking 59 days in advance of your planned departure date is, on average, the best time to get cheap flights from Toronto to Panama. 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?

Currently, March is the cheapest month in which you can book a flight from Toronto to Panama (average of C$ 318). Flying from Toronto to Panama in January is currently the most expensive (average of C$ 2,783). 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 PA?

Find hourly flight availability from Toronto to Panama. Discover flight options and departure times throughout the day, allowing you to choose a departure time that suits your schedule. Data last updated 9 May 2026.

Unlike in the evening, when flights are generally more expensive, you can save up to 34% on flights from Toronto to Panama by exploring options for tickets in the afternoon.

Weekly flight availability from Toronto to Panama

Explore weekly flight availability from Toronto to Panama. 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 9 May 2026.

The most flights from YTO to PA0 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 often are flights from Toronto to Panama delayed?

About 12% of weekly flights between Toronto and Panama 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 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 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

Get insights into the airlines that provide service to Panama. 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. Reviews last updated 9 May 2026.
Check out reviews from past customers who have flown with Delta,Air Transat, andCopa Airlines from Toronto to Panama 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

8.1

Food

7.2

Entertainment

7.8

Comfort

7.9

Crew

8.5

Overall

7.9

Reviews

1 / 20
8.0
Excellent

Lane,Nov 2025

MEM - ATL

The crew was very friendly, but they only came around and offered the better Delta Comfort snacks one time. I thought they would come around more frequently on a 5 hour flight. They did do two beverage services though, which was nice.

Boarding

8.1

Food

7.2

Entertainment

7.8

Comfort

7.9

Crew

8.5

Overall

7.9

Reviews

1 / 20
8.0
Excellent

Lane,Nov 2025

MEM - ATL

The crew was very friendly, but they only came around and offered the better Delta Comfort snacks one time. I thought they would come around more frequently on a 5 hour flight. They did do two beverage services though, which was nice.

Boarding

8.1

Food

7.2

Entertainment

7.8

Comfort

7.9

Crew

8.5

Overall

7.9

Reviews

1 / 20
8.0
Excellent

Lane,Nov 2025

MEM - ATL

The crew was very friendly, but they only came around and offered the better Delta Comfort snacks one time. I thought they would come around more frequently on a 5 hour flight. They did do two beverage services though, which was nice.

Boarding

8.1

Food

7.2

Entertainment

7.8

Comfort

7.9

Crew

8.5

Overall

7.9

Reviews

1 / 20
8.0
Excellent

Lane,Nov 2025

MEM - ATL

The crew was very friendly, but they only came around and offered the better Delta Comfort snacks one time. I thought they would come around more frequently on a 5 hour flight. They did do two beverage services though, which was nice.

Boarding

8.1

Food

7.2

Entertainment

7.8

Comfort

7.9

Crew

8.5

Overall

7.9

Reviews

1 / 20
8.0
Excellent

Lane,Nov 2025

MEM - ATL

The crew was very friendly, but they only came around and offered the better Delta Comfort snacks one time. I thought they would come around more frequently on a 5 hour flight. They did do two beverage services though, which was nice.

Boarding

8.1

Food

7.2

Entertainment

7.8

Comfort

7.9

Crew

8.5

Overall

7.9

Reviews

1 / 20
8.0
Excellent

Lane,Nov 2025

MEM - ATL

The crew was very friendly, but they only came around and offered the better Delta Comfort snacks one time. I thought they would come around more frequently on a 5 hour flight. They did do two beverage services though, which was nice.

Related info for your journey

Find useful and relevant information for your journey from Toronto to Panama. Access travel guides, tips, and recommendations to enhance your travel experience. Get information about local attractions, weather, transportation options, and more.
  • How long is the flight from Toronto to Panama?

    For as low as C$ 931, United Airlines can have you in Panama from Toronto in 11h 44m. There are 3932 km between Toronto and Panama. Both multi-stop and direct flights can be found to your destination and back.

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

    C$ 233 is the cheapest one-way deal found within the past few days, from Avianca. You may also be able to find cheap deals on Air Transat and United Airlines, with prices starting from C$ 300 and C$ 337, respectively.

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

  • What are the cheapest flights from Toronto to Panama?

    While on average a flight from Toronto to Panama is generally C$ 1,478, 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 that include hotel bookings?

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

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

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

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

    Yes. Cheapflights offers flight deals from Toronto to Panama 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?

    Currently, March is the cheapest month in which you can book a flight from Toronto to Panama (average of C$ 318). Flying from Toronto to Panama in January is currently the most expensive (average of C$ 2,783). 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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Alternative routes for Toronto to Panama

See prices for flight routes from nearby airports that may be better suited for you.

Top 5 airlines flying from Toronto to Panama

Discover the top 5 airlines that operate flights from Toronto to Panama. 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 9 May 2026.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 345AverageC$ 764FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 441AverageC$ 708FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
Air TransatCheapestC$ 626AverageC$ 887FlexibilityNo cancel feeOn-time50%
Search Air Transat flights
Copa AirlinesCheapestC$ 646AverageC$ 1,008FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights
United AirlinesCheapestC$ 701AverageC$ 777FlexibilityNo cancel feeOn-time69%
Search United Airlines flights

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

Need flexible booking options for your flight to Panama 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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