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Cheap flights from Toronto to Panama from C$ 306

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 21/2. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — PTY
27 Feb — 6 Mar1
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 28 January 2026.

Sat 16/55:15 p.m.
YYZ
-
PTY
2 stops22h 00m
Avianca
Sat 23/55:55 p.m.
PTY
-
YYZ
2 stops20h 20m
Avianca
Deal found 27/1C$ 734
Tue 24/24:00 p.m.
YYZ
-
PTY
2 stops32h 40m
Avianca
Tue 3/32:55 p.m.
PTY
-
YYZ
1 stop15h 40m
Avianca
Deal found 27/1C$ 735
Sat 7/311:55 p.m.
YYZ
-
PTY
1 stop17h 00m
Avianca
Fri 13/32:55 a.m.
PTY
-
YYZ
1 stop19h 40m
Avianca
Deal found 25/1C$ 741
Mon 30/312:55 a.m.
YYZ
-
PTY
1 stop9h 20m
Avianca
Sat 16/55:55 p.m.
PTY
-
YYZ
1 stop12h 20m
Avianca
Deal found 27/1C$ 742
Fri 27/27:55 a.m.
YYZ
-
PTY
1 stop16h 45m
Avianca
Sun 8/39:45 a.m.
PTY
-
YYZ
1 stop20h 50m
Avianca
Deal found 26/1C$ 744
Wed 25/24:00 p.m.
YYZ
-
PTY
2 stops16h 50m
Avianca
Sat 2/59:55 a.m.
PTY
-
YYZ
1 stop11h 35m
Avianca
Deal found 26/1C$ 745
Sun 8/38:55 a.m.
YYZ
-
PTY
1 stop17h 05m
Avianca
Sun 15/32:55 p.m.
PTY
-
YYZ
1 stop15h 40m
Avianca
Deal found 27/1C$ 750
Wed 18/312:55 a.m.
YYZ
-
PTY
1 stop14h 05m
Avianca
Sun 22/32:55 a.m.
PTY
-
YYZ
1 stop19h 40m
Avianca
Deal found 26/1C$ 752
Mon 16/35:00 p.m.
YYZ
-
PTY
2 stops16h 50m
Avianca
Wed 22/410:05 p.m.
PTY
-
YYZ
2 stops16h 10m
Avianca
Deal found 27/1C$ 753
Mon 23/28:50 a.m.
YTZ
-
PTY
3 stops29h 10m
Multiple Airlines
Mon 2/32:55 p.m.
PTY
-
YTZ
2 stops19h 57m
Multiple Airlines
Deal found 26/1C$ 904
Fri 20/23:45 p.m.
YTZ
-
PTY
2 stops18h 45m
Multiple Airlines
Wed 25/29:45 a.m.
PTY
-
YTZ
3 stops27h 25m
Multiple Airlines
Deal found 26/1C$ 964
Wed 4/36:10 p.m.
YHM
-
PTY
1 stop15h 10m
WestJet
Tue 17/39:20 a.m.
PTY
-
YHM
1 stop30h 56m
WestJet
Deal found 26/1C$ 1,074

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 28 January 2026.

Round-trip from

C$ 734

One-way from

C$ 306

Popular in

December

Cheapest in

September

Average price

C$ 802

Good round-trip deal

C$ 758 or less

Good one-way deal

C$ 407 or less
Avianca
  • Avianca
  • 16/5-23/5
  • 4 total stops
  • 42h 20m total
  • Toronto to Panama
Search Deals
21/2
  • 21/2
  • 2 total stops
  • 29h 50m total
  • Toronto to Panama
Search Deals
Highest demand for flights based on searches. 4% potential increase in price (C$ 52 potential increase over avg. RT price).
Search Deals
Cheapest flight prices on average. 2% potential price decrease (C$ 26 potential savings vs. average RT price).
Search Deals
Average for round-trip flights in January 2026
Search Deals
Price to beat on a round-trip flight from Toronto (YTO) to Panama.
Search Deals
Price to beat on a one-way flight from Toronto (YTO) to Panama.
Search Deals

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 28 January 2026.
Use the filters below to find and compare flights from Toronto to Panama that are best for you.

Fly from

Toronto

Fly to

Panama

Route

Depart

Return

Price

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Fri 15/5

12:55 a.m.-9:15 a.m.

1 stop9h 20m

Panama City Tocumen Intl

Sat 23/5

5:55 p.m.-3:15 p.m.

2 stops20h 20m

C$ 745

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 21/5

12:55 a.m.-2:15 p.m.

1 stop14h 20m

Panama City Tocumen Intl

Sun 31/5

5:30 a.m.-3:15 p.m.

1 stop8h 45m

C$ 755

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Fri 8/5

5:15 p.m.-9:15 a.m.

2 stops17h 00m

Panama City Tocumen Intl

Fri 15/5

5:55 p.m.-3:15 p.m.

2 stops20h 20m

C$ 755

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 20/4

9:00 p.m.-4:12 p.m.

2 stops20h 12m

Panama City Tocumen Intl

Mon 4/5

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

2 stops13h 09m

C$ 756

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 31/5

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

1 stop9h 04m

Panama City Tocumen Intl

Sat 6/6

7:55 a.m.-10:31 p.m.

1 stop13h 36m

C$ 757

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 30/3

7:43 p.m.-2:14 p.m.

2 stops19h 31m

Panama City Tocumen Intl

Mon 6/4

10:55 p.m.-5:56 p.m.

2 stops18h 01m

C$ 757

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sat 11/4

5:45 p.m.-4:04 a.m.

2 stops11h 19m

Panama City Tocumen Intl

Wed 15/4

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

2 stops12h 59m

C$ 757

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 17/3

4:10 p.m.-4:07 p.m.

2 stops24h 57m

Panama City Tocumen Intl

Tue 24/3

3:41 p.m.-1:43 p.m.

2 stops21h 02m

C$ 757

TorontoPanama City

YTZ - PTY

YTZPTY

Toronto Island

Mon 23/2

8:50 a.m.-2:00 p.m.

3 stops29h 10m

Panama City Tocumen Intl

Mon 2/3

2:55 p.m.-10:52 a.m.

2 stops19h 57m

C$ 904

TorontoPanama City

YTZ - PTY

YTZPTY

Toronto Island

Fri 20/2

3:45 p.m.-10:30 a.m.

2 stops18h 45m

Panama City Tocumen Intl

Wed 25/2

9:45 a.m.-1:10 p.m.

3 stops27h 25m

C$ 964

Flights are sorted by cheapest round-trip flights first.

Deals found on 27/1

Showing 1-10 of 54 results
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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

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

Currently, August is the cheapest month in which you can book a flight from Toronto to Panama (average of C$ 409). Flying from Toronto to Panama in July is currently the most expensive (average of C$ 667). 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 28 January 2026.

When flying from Toronto to Panama, the time of day you decide to fly out makes little to no difference towards the overall price you’ll pay on tickets.

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 127 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 28 January 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.
Delta
7.9
Good
8,123 reviews
Check prices

Overall

7.9

Food

7.2

Comfort

7.9

Crew

8.5

Boarding

8.1

Entertainment

7.8

Reviews

1 / 20
10.0
Excellent

Kymberlee,Oct 2024

JFK - ATL

Overall it was good on the flight. Before the flight with checking the bag at JFK was a nightmare. It took way too long and the Delta concierge was very rude to everyone. But other than that it was fine.
Delta
7.9
Good
8,123 reviews
Delta
7.9
Good
8,123 reviews
Check prices

Overall

7.9

Food

7.2

Comfort

7.9

Crew

8.5

Boarding

8.1

Entertainment

7.8

Reviews

1 / 20
10.0
Excellent

Kymberlee,Oct 2024

JFK - ATL

Overall it was good on the flight. Before the flight with checking the bag at JFK was a nightmare. It took way too long and the Delta concierge was very rude to everyone. But other than that it was fine.
Air Transat
7.7
Good
501 reviews
Delta
7.9
Good
8,123 reviews
Check prices

Overall

7.9

Food

7.2

Comfort

7.9

Crew

8.5

Boarding

8.1

Entertainment

7.8

Reviews

1 / 20
10.0
Excellent

Kymberlee,Oct 2024

JFK - ATL

Overall it was good on the flight. Before the flight with checking the bag at JFK was a nightmare. It took way too long and the Delta concierge was very rude to everyone. But other than that it was fine.
Copa Airlines
7.5
Good
1,560 reviews
Delta
7.9
Good
8,123 reviews
Check prices

Overall

7.9

Food

7.2

Comfort

7.9

Crew

8.5

Boarding

8.1

Entertainment

7.8

Reviews

1 / 20
10.0
Excellent

Kymberlee,Oct 2024

JFK - ATL

Overall it was good on the flight. Before the flight with checking the bag at JFK was a nightmare. It took way too long and the Delta concierge was very rude to everyone. But other than that it was fine.
United Airlines
7.4
Good
9,209 reviews
Delta
7.9
Good
8,123 reviews
Check prices

Overall

7.9

Food

7.2

Comfort

7.9

Crew

8.5

Boarding

8.1

Entertainment

7.8

Reviews

1 / 20
10.0
Excellent

Kymberlee,Oct 2024

JFK - ATL

Overall it was good on the flight. Before the flight with checking the bag at JFK was a nightmare. It took way too long and the Delta concierge was very rude to everyone. But other than that it was fine.
Avianca
6.6
Okay
2,486 reviews
Delta
7.9
Good
8,123 reviews
Check prices

Overall

7.9

Food

7.2

Comfort

7.9

Crew

8.5

Boarding

8.1

Entertainment

7.8

Reviews

1 / 20
10.0
Excellent

Kymberlee,Oct 2024

JFK - ATL

Overall it was good on the flight. Before the flight with checking the bag at JFK was a nightmare. It took way too long and the Delta concierge was very rude to everyone. But other than that it was fine.

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$ 745, Avianca can have you in Panama from Toronto in 9h 20m. There are 3846 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$ 241 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?

    Most travellers choose Toronto Pearson Intl - Panama City Tocumen Intl, Toronto Island - Panama City Tocumen Intl or Hamilton - Panama City Tocumen Intl when deciding on the best route 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$ 1,868, our data shows the cheapest flight currently is C$ 339. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 700 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, August is the cheapest month in which you can book a flight from Toronto to Panama (average of C$ 409). Flying from Toronto to Panama in July is currently the most expensive (average of C$ 667). 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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Alternative routes for Toronto to Panama

See prices for flight routes from nearby airports that may be better suited for you.
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Pierre Elliott Trudeau Intl to Coxen Hole flights
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Toronto Island to San José flights
Ottawa to San José flights
Ottawa to San Salvador flights
Pearson Intl to Coxen Hole flights
Pierre Elliott Trudeau Intl to San Pedro Sula flights
Ottawa to Guatemala City flights
Toronto Island to Managua flights
Ottawa to Panama City flights
Toronto Island to Philip S.W.Goldson flights
Pearson Intl to San Pedro Sula flights
Ottawa to Philip S.W.Goldson flights
Ottawa to Managua flights
Hamilton to Panama City flights
Hamilton to San José flights
Pearson Intl to David flights
London to Panama City flights
Thunder Bay to San José flights
London to Philip S.W.Goldson flights
London to San José flights
Thunder Bay to Panama City flights
Thunder Bay to Liberia flights
Windsor to San José flights
Pierre Elliott Trudeau Intl to David flights
Timmins to Managua flights
Pearson Intl to Flores flights
Pearson Intl to Tegucigalpa flights

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 28 January 2026.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 364AverageC$ 769FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 445AverageC$ 777FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
Air TransatCheapestC$ 570AverageC$ 845FlexibilityNo cancel feeOn-time50%
Search Air Transat flights
United AirlinesCheapestC$ 587AverageC$ 741FlexibilityNo cancel feeOn-time69%
Search United Airlines flights
Copa AirlinesCheapestC$ 648AverageC$ 939FlexibilityNo cancel feeOn-time70%
Search Copa 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?

900+ travel sites are searched through when a user searches for a flight using Cheapflights. From the search interface, users can use filters to choose airlines, airports, flight times, cabin classes and more to their preference. Book your flight to Panama from Toronto today with Cheapflights!

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

Cheapflights helps you find that perfect flight to Panama from Toronto by searching from hundreds of airlines and agencies you know and love. We are also free to use, in case you were wondering!

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.

Can Cheapflights notify me if prices for flights from Toronto to Panama 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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