Cheap flights from Toronto to Panama from C$ 329

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 24/2. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — PTY
5 Mar — 12 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 3 February 2026.

Wed 4/311:55 p.m.
YYZ
-
PTY
1 stop17h 00m
Avianca
Wed 11/39:45 a.m.
PTY
-
YYZ
1 stop12h 50m
Avianca
Deal found 2/2C$ 750
Mon 2/311:55 p.m.
YYZ
-
PTY
1 stop17h 00m
Avianca
Tue 31/33:10 p.m.
PTY
-
YYZ
1 stop15h 05m
Avianca
Deal found 1/2C$ 752
Tue 24/36:10 a.m.
YYZ
-
PTY
1 stop10h 57m
United Airlines
Tue 31/310:55 p.m.
PTY
-
YYZ
1 stop9h 24m
United Airlines
Deal found 2/2C$ 755
Fri 17/42:45 p.m.
YYZ
-
PTY
2 stops14h 19m
United Airlines
Sun 19/410:55 p.m.
PTY
-
YYZ
2 stops18h 01m
United Airlines
Deal found 3/2C$ 757
Sun 29/38:00 p.m.
YYZ
-
PTY
1 stop9h 04m
United Airlines
Wed 8/410:55 p.m.
PTY
-
YYZ
1 stop9h 24m
United Airlines
Deal found 1/2C$ 758
Fri 22/59:44 a.m.
YYZ
-
PTY
2 stops10h 47m
United Airlines
Sun 31/510:55 p.m.
PTY
-
YYZ
1 stop8h 49m
United Airlines
Deal found 3/2C$ 759
Fri 15/57:43 p.m.
YYZ
-
PTY
2 stops21h 29m
United Airlines
Sat 23/510:55 p.m.
PTY
-
YYZ
1 stop8h 49m
United Airlines
Deal found 31/1C$ 762
Tue 31/36:10 a.m.
YYZ
-
PTY
1 stop9h 04m
United Airlines
Sat 16/510:55 p.m.
PTY
-
YYZ
1 stop9h 24m
United Airlines
Deal found 2/2C$ 763
Fri 27/34:10 p.m.
YYZ
-
PTY
2 stops24h 57m
United Airlines
Sun 5/410:55 p.m.
PTY
-
YYZ
1 stop9h 24m
United Airlines
Deal found 3/2C$ 765
Thu 26/36:10 a.m.
YYZ
-
PTY
1 stop13h 28m
United Airlines
Tue 31/310:55 p.m.
PTY
-
YYZ
1 stop9h 24m
United Airlines
Deal found 2/2C$ 770
Thu 22/102:45 p.m.
YYZ
-
PTY
2 stops24h 29m
United Airlines
Mon 26/109:30 a.m.
PTY
-
YYZ
1 stop10h 59m
United Airlines
Deal found 3/2C$ 772
Tue 3/311:55 p.m.
YYZ
-
PTY
1 stop14h 05m
Avianca
Mon 9/32:55 a.m.
PTY
-
YYZ
1 stop19h 40m
Avianca
Deal found 1/2C$ 773

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 3 February 2026.

Round-trip from

C$ 750

One-way from

C$ 329

Popular in

December

Cheapest in

September

Average price

C$ 814

Good round-trip deal

C$ 753 or less

Good one-way deal

C$ 366 or less
Avianca
  • Avianca
  • 4/3-11/3
  • 2 total stops
  • 29h 50m total
  • Toronto to Panama
24/2
  • 24/2
  • 2 total stops
  • 39h 20m total
  • Toronto to Panama
Highest demand for flights based on searches. 4% potential increase in price (C$ 50 potential increase over avg. RT price).
Cheapest flight prices on average. 2% potential price decrease (C$ 27 potential savings vs. average RT price).
Average for round-trip flights in February 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 3 February 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

Tue 24/3

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

2 stops24h 57m

Panama City Tocumen Intl

Wed 1/4

7:55 a.m.-10:36 p.m.

1 stop13h 41m

C$ 755

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 30/3

5:15 p.m.-4:04 a.m.

2 stops11h 49m

Panama City Tocumen Intl

Sun 5/4

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

1 stop9h 24m

C$ 755

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 29/3

6:10 a.m.-4:12 p.m.

1 stop11h 02m

Panama City Tocumen Intl

Sat 4/4

3:30 p.m.-2:24 p.m.

1 stop21h 54m

C$ 755

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 30/3

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

1 stop9h 04m

Panama City Tocumen Intl

Mon 6/4

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

1 stop9h 24m

C$ 755

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 26/3

4:10 p.m.-6:38 p.m.

2 stops27h 28m

Panama City Tocumen Intl

Thu 2/4

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

1 stop9h 24m

C$ 755

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

7:55 a.m.-10:36 p.m.

1 stop13h 41m

C$ 758

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 30/3

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

1 stop9h 04m

Panama City Tocumen Intl

Tue 14/4

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

1 stop9h 24m

C$ 758

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 26/4

7:00 p.m.-4:04 a.m.

1 stop10h 04m

Panama City Tocumen Intl

Mon 4/5

10:00 a.m.-10:36 p.m.

1 stop11h 36m

C$ 758

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 23/3

10:45 a.m.-7:02 p.m.

1 stop9h 17m

Panama City Tocumen Intl

Sat 28/3

9:30 a.m.-9:24 p.m.

1 stop10h 54m

C$ 758

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Fri 17/4

9:00 p.m.-2:14 p.m.

2 stops18h 14m

Panama City Tocumen Intl

Sun 19/4

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

1 stop9h 24m

C$ 758

Flights are sorted by cheapest round-trip flights first.

Deals found on 1/2

Showing 1-10 of 60 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$ 408). Flying from Toronto to Panama in July is currently the most expensive (average of C$ 669). 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 3 February 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.

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 3 February 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 13% of weekly flights between Toronto and Panama have experienced delays in the past year, with the average delay time being 126 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 13% 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 3 February 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.

Entertainment

7.8

Boarding

8.1

Overall

7.9

Food

7.2

Crew

8.5

Comfort

7.9

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.

Entertainment

7.8

Boarding

8.1

Overall

7.9

Food

7.2

Crew

8.5

Comfort

7.9

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.

Entertainment

7.8

Boarding

8.1

Overall

7.9

Food

7.2

Crew

8.5

Comfort

7.9

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.

Entertainment

7.8

Boarding

8.1

Overall

7.9

Food

7.2

Crew

8.5

Comfort

7.9

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.

Entertainment

7.8

Boarding

8.1

Overall

7.9

Food

7.2

Crew

8.5

Comfort

7.9

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.

Entertainment

7.8

Boarding

8.1

Overall

7.9

Food

7.2

Crew

8.5

Comfort

7.9

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$ 1,053, United Airlines can have you in Panama from Toronto in 10h 01m. 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$ 1,091, our data shows the cheapest flight currently is C$ 295. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 660 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$ 408). Flying from Toronto to Panama in July is currently the most expensive (average of C$ 669). 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 3 February 2026.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 362AverageC$ 779FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 445AverageC$ 761FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
Air TransatCheapestC$ 569AverageC$ 839FlexibilityNo cancel feeOn-time50%
Search Air Transat flights
United AirlinesCheapestC$ 589AverageC$ 742FlexibilityNo cancel feeOn-time69%
Search United Airlines flights
Copa AirlinesCheapestC$ 647AverageC$ 946FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights

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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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