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Cheap flights from Toronto to Panama from C$ 337

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 16/6. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — PTY
21 Jun — 28 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 22 May 2026.

Mon 15/63:58 p.m.
YYZ
-
PTY
Nonstop5h 29m
Copa Airlines
Wed 24/67:57 a.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 19/5C$ 667
Mon 15/68:30 a.m.
YYZ
-
PTY
Nonstop5h 29m
Copa Airlines
Thu 25/67:57 a.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 18/5C$ 668
Thu 16/78:30 a.m.
YYZ
-
PTY
Nonstop5h 28m
Copa Airlines
Tue 21/76:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 22/5C$ 706
Sat 13/68:55 a.m.
YYZ
-
PTY
1 stop9h 05m
Avianca
Wed 24/65:30 a.m.
PTY
-
YYZ
1 stop8h 45m
Avianca
Deal found 21/5C$ 738
Wed 17/61:55 a.m.
YYZ
-
PTY
1 stop9h 35m
Avianca
Thu 25/65:30 a.m.
PTY
-
YYZ
1 stop8h 45m
Avianca
Deal found 21/5C$ 741
Sun 14/61:55 a.m.
YYZ
-
PTY
1 stop25h 00m
Avianca
Wed 24/65:30 a.m.
PTY
-
YYZ
1 stop8h 45m
Avianca
Deal found 18/5C$ 757
Wed 8/78:30 a.m.
YYZ
-
PTY
Nonstop5h 28m
Copa Airlines
Tue 21/76:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 22/5C$ 777
Sun 14/62:58 p.m.
YYZ
-
PTY
Nonstop5h 29m
Multiple Airlines
Sun 21/65:55 p.m.
PTY
-
YYZ
2 stops47h 00m
Multiple Airlines
Deal found 17/5C$ 803
Mon 15/62:58 p.m.
YYZ
-
PTY
Nonstop5h 29m
Multiple Airlines
Mon 22/610:10 a.m.
PTY
-
YYZ
2 stops30h 45m
Multiple Airlines
Deal found 18/5C$ 804
Tue 21/78:30 a.m.
YYZ
-
PTY
Nonstop5h 28m
Copa Airlines
Tue 28/76:42 p.m.
PTY
-
YYZ
Nonstop5h 31m
Copa Airlines
Deal found 21/5C$ 810
Fri 23/108:30 a.m.
YYZ
-
DAV
1 stop11h 47m
Copa Airlines
Fri 6/119:50 a.m.
DAV
-
YYZ
1 stop14h 19m
Copa Airlines
Deal found 21/5C$ 826
Mon 15/65:30 p.m.
YTZ
-
PTY
3 stops33h 25m
Multiple Airlines
Wed 24/610:10 a.m.
PTY
-
YTZ
2 stops22h 56m
Multiple Airlines
Deal found 21/5C$ 941

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 22 May 2026.

Round-trip from

C$ 667

One-way from

C$ 337

Popular in

December

Cheapest in

November

Average price

C$ 883

Good round-trip deal

C$ 832 or less

Good one-way deal

C$ 372 or less
Copa Airlines
  • Copa Airlines
  • 15/6-24/6
  • Nonstop
  • 11h 00m total
  • Toronto to Panama
Search Deals
Copa Airlines
  • Copa Airlines
  • 16/6
  • Nonstop
  • 5h 29m total
  • Toronto to Panama
Search Deals
Highest demand for flights based on searches. 2% potential increase in price (C$ 26 potential increase over avg. RT price).
Search Deals
Cheapest flight prices on average. 2% potential price decrease (C$ 24 potential savings vs. average RT price).
Search Deals
Average for round-trip flights in May 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 22 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
Quickest round-trip

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 21/7

8:30 a.m.-12:58 p.m.

Nonstop5h 28m

Panama City Tocumen Intl

Tue 28/7

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

Nonstop5h 31m

C$ 810

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 14/9

9:00 p.m.-6:37 p.m.

2 stops22h 37m

Panama City Tocumen Intl

Tue 13/10

9:45 a.m.-10:04 a.m.

2 stops23h 19m

C$ 814

TorontoDavid

YYZ - DAV

YYZDAV

Toronto Pearson Intl

Fri 23/10

8:30 a.m.-7:17 p.m.

1 stop11h 47m

David Enrique Malek

Fri 6/11

9:50 a.m.-12:09 a.m.

1 stop14h 19m

C$ 826

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 8/11

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

2 stops24h 22m

Panama City Tocumen Intl

Fri 20/11

10:00 a.m.-9:29 a.m.

1 stop23h 29m

C$ 863

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 21/11

4:41 p.m.-4:28 p.m.

2 stops23h 47m

C$ 883

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

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

2 stops20h 52m

C$ 883

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 9/6

2:45 p.m.-2:14 p.m.

2 stops24h 29m

Panama City Tocumen Intl

Tue 23/6

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

2 stops22h 54m

C$ 890

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 17/9

3:53 p.m.-2:14 p.m.

1 stop23h 21m

Panama City Tocumen Intl

Sun 20/9

9:45 a.m.-1:47 p.m.

1 stop27h 02m

C$ 899

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 16/7

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

1 stop13h 27m

Panama City Tocumen Intl

Tue 21/7

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

1 stop9h 24m

C$ 899

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 16/7

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

1 stop13h 27m

Panama City Tocumen Intl

Thu 30/7

10:55 p.m.-10:23 p.m.

1 stop22h 28m

C$ 899

Flights are sorted by cheapest round-trip flights first.

Deals found on 20/5

Showing 1-10 of 60 resultsSorted by cheapest first
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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, March is the cheapest month in which you can book a flight from Toronto to Panama (average of C$ 321). Flying from Toronto to Panama in February is currently the most expensive (average of C$ 628). 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 22 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 22 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.

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

Booking 48 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.

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 22 May 2026.
Check out reviews from past customers who have flown with Air Transat,Copa Airlines, andUnited 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.
Air Transat
7.8
Good
553 reviews
Check prices

Boarding

7.9

Entertainment

7.1

Crew

8.5

Comfort

7.3

Food

6.8

Overall

7.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,Dec 2025

YOW - GCM

The flight was delayed for 3.5 hours. No compensation for a meal voucher. We were positioned at the back of the plane and the toilets were not working properly. It was a foul smell coming from the toilet.
Air Transat
7.8
Good
553 reviews
Air Transat
7.8
Good
553 reviews
Check prices

Boarding

7.9

Entertainment

7.1

Crew

8.5

Comfort

7.3

Food

6.8

Overall

7.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,Dec 2025

YOW - GCM

The flight was delayed for 3.5 hours. No compensation for a meal voucher. We were positioned at the back of the plane and the toilets were not working properly. It was a foul smell coming from the toilet.
Copa Airlines
7.5
Good
1,576 reviews
Air Transat
7.8
Good
553 reviews
Check prices

Boarding

7.9

Entertainment

7.1

Crew

8.5

Comfort

7.3

Food

6.8

Overall

7.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,Dec 2025

YOW - GCM

The flight was delayed for 3.5 hours. No compensation for a meal voucher. We were positioned at the back of the plane and the toilets were not working properly. It was a foul smell coming from the toilet.
United Airlines
7.4
Good
9,752 reviews
Air Transat
7.8
Good
553 reviews
Check prices

Boarding

7.9

Entertainment

7.1

Crew

8.5

Comfort

7.3

Food

6.8

Overall

7.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,Dec 2025

YOW - GCM

The flight was delayed for 3.5 hours. No compensation for a meal voucher. We were positioned at the back of the plane and the toilets were not working properly. It was a foul smell coming from the toilet.
Avianca
6.5
Okay
2,528 reviews
Air Transat
7.8
Good
553 reviews
Check prices

Boarding

7.9

Entertainment

7.1

Crew

8.5

Comfort

7.3

Food

6.8

Overall

7.8

Reviews

1 / 20
2.0
Mediocre

Anonymous,Dec 2025

YOW - GCM

The flight was delayed for 3.5 hours. No compensation for a meal voucher. We were positioned at the back of the plane and the toilets were not working properly. It was a foul smell coming from the toilet.

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$ 810, Copa Airlines can have you in Panama from Toronto in 5h 28m. 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$ 235 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$ 303 and C$ 340, 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 Toronto Pearson Intl - David Enrique Malek 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$ 1,162, our data shows the cheapest flight currently is C$ 317. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 667 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$ 321). Flying from Toronto to Panama in February is currently the most expensive (average of C$ 628). 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.
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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 22 May 2026.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 347AverageC$ 669FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 444AverageC$ 714FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
Air TransatCheapestC$ 631AverageC$ 897FlexibilityNo cancel feeOn-time50%
Search Air Transat flights
Copa AirlinesCheapestC$ 653AverageC$ 1,080FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights
United AirlinesCheapestC$ 706AverageC$ 783FlexibilityNo 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?

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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