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Cheap flights from Toronto to Panama from C$ 354

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 25/1. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — PTY
27 Jan — 3 Feb1
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 December 2025.

Wed 31/127:55 a.m.YYZ - PTY
1 stop16h 45mAvianca
Wed 7/17:50 p.m.PTY - YYZ
1 stop18h 20mAvianca
Deal found 26/12C$ 916
Wed 31/127:55 a.m.YYZ - PTY
1 stop16h 45mMultiple Airlines
Wed 7/17:50 p.m.PTY - YYZ
2 stops21h 40mMultiple Airlines
Deal found 26/12C$ 1,059
Sun 28/129:10 a.m.YYZ - PTY
2 stops15h 50mMultiple Airlines
Wed 31/127:50 p.m.PTY - YYZ
1 stop9h 25mMultiple Airlines
Deal found 27/12C$ 1,088
Sat 27/1211:52 a.m.YYZ - PTY
2 stops37h 08mMultiple Airlines
Mon 29/129:45 a.m.PTY - YYZ
1 stop12h 50mMultiple Airlines
Deal found 26/12C$ 1,158
Tue 30/129:45 a.m.YYZ - PTY
1 stop9h 38mMultiple Airlines
Sun 11/17:42 a.m.PTY - YYZ
1 stop9h 03mMultiple Airlines
Deal found 27/12C$ 1,167
Sat 27/1211:55 p.m.YYZ - PTY
1 stop17h 00mAvianca
Mon 29/123:50 p.m.PTY - YYZ
1 stop13h 25mAvianca
Deal found 26/12C$ 1,181
Sun 28/127:55 a.m.YYZ - PTY
1 stop17h 05mAvianca
Wed 31/127:50 p.m.PTY - YYZ
1 stop9h 25mAvianca
Deal found 27/12C$ 1,184
Wed 31/128:30 a.m.YYZ - PTY
Nonstop5h 42mCopa Airlines
Wed 7/16:37 p.m.PTY - YYZ
Nonstop5h 32mCopa Airlines
Deal found 28/12C$ 1,220
Sat 27/1211:55 p.m.YYZ - PTY
1 stop17h 00mAvianca
Mon 23/32:55 p.m.PTY - YYZ
2 stops23h 15mAvianca
Deal found 26/12C$ 1,238
Sun 28/122:05 p.m.YTZ - PTY
3 stops20h 25mMultiple Airlines
Wed 31/127:50 p.m.PTY - YTZ
3 stops17h 00mMultiple Airlines
Deal found 27/12C$ 1,781
Sat 27/127:00 a.m.YTZ - PTY
3 stops18h 00mMultiple Airlines
Sun 4/13:50 p.m.PTY - YTZ
2 stops16h 30mMultiple Airlines
Deal found 25/12C$ 2,441
Tue 30/128:55 a.m.YTZ - PTY
1 stop11h 40mMultiple Airlines
Sun 11/110:29 p.m.PTY - YTZ
1 stop14h 40mMultiple Airlines
Deal found 27/12C$ 4,071

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 December 2025.

Round-trip from

C$ 712

One-way from

C$ 354

Popular in

December

Cheapest in

September

Average price

C$ 1,046

Good round-trip deal

C$ 767 or less

Good one-way deal

C$ 644 or less
Avianca
  • Avianca
  • 23/1-30/1
  • 3 total stops
  • 36h 30m total
  • Toronto to Panama
Search Deals
Avianca
  • Avianca
  • 25/1
  • 1 total stop
  • 14h 05m total
  • Toronto to Panama
Search Deals
Highest demand for flights based on searches. 5% potential increase in price (C$ 60 potential increase over avg. RT price).
Search Deals
Cheapest flight prices on average. 2% potential price decrease (C$ 29 potential savings vs. average RT price).
Search Deals
Average for round-trip flights in December 2025
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 December 2025.
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

Wed 11/3

3:45 p.m.-4:07 p.m.

1 stop25h 22m

Panama City Tocumen Intl

Mon 23/3

3:41 p.m.-2:20 p.m.

1 stop21h 39m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 30/3

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

1 stop10h 04m

Panama City Tocumen Intl

Fri 3/4

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

1 stop13h 41m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sat 28/3

3:30 p.m.-4:10 a.m.

2 stops13h 40m

Panama City Tocumen Intl

Thu 2/4

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

1 stop9h 24m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sat 25/4

10:45 a.m.-7:31 p.m.

1 stop9h 46m

Panama City Tocumen Intl

Sat 2/5

10:55 p.m.-8:44 a.m.

1 stop8h 49m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 2/4

3:53 p.m.-6:37 p.m.

1 stop27h 44m

Panama City Tocumen Intl

Sun 5/4

3:30 p.m.-10:36 p.m.

1 stop30h 06m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Wed 4/3

6:10 a.m.-7:38 p.m.

1 stop13h 28m

Panama City Tocumen Intl

Tue 10/3

11:35 a.m.-9:58 a.m.

2 stops21h 23m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 17/2

3:45 p.m.-2:45 p.m.

1 stop23h 00m

Panama City Tocumen Intl

Tue 17/3

7:55 a.m.-11:20 p.m.

2 stops14h 25m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 23/3

9:00 p.m.-1:45 p.m.

2 stops17h 45m

Panama City Tocumen Intl

Mon 30/3

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

1 stop9h 24m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 20/4

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

1 stop9h 04m

Panama City Tocumen Intl

Mon 4/5

3:30 p.m.-2:16 p.m.

1 stop21h 46m

C$ 713

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Sun 15/2

3:45 p.m.-5:07 p.m.

1 stop25h 22m

Panama City Tocumen Intl

Thu 19/2

8:55 a.m.-2:20 p.m.

1 stop29h 25m

C$ 713

Flights are sorted by cheapest round-trip flights first.

Deals found on 27/12

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$ 409). Flying from Toronto to Panama in July is currently the most expensive (average of C$ 670). 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 December 2025.

Unlike in the afternoon, when flights are generally more expensive, you can save up to 22% on flights from Toronto to Panama by exploring options for tickets at noon.

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 115 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 Wednesday 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 December 2025.
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
8,022 reviews
Check prices

Food

7.3

Overall

7.9

Boarding

8.1

Comfort

7.9

Crew

8.5

Entertainment

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.
Delta
7.9
Good
8,022 reviews
Delta
7.9
Good
8,022 reviews
Check prices

Food

7.3

Overall

7.9

Boarding

8.1

Comfort

7.9

Crew

8.5

Entertainment

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.
Air Transat
7.7
Good
485 reviews
Delta
7.9
Good
8,022 reviews
Check prices

Food

7.3

Overall

7.9

Boarding

8.1

Comfort

7.9

Crew

8.5

Entertainment

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.
Copa Airlines
7.6
Good
1,561 reviews
Delta
7.9
Good
8,022 reviews
Check prices

Food

7.3

Overall

7.9

Boarding

8.1

Comfort

7.9

Crew

8.5

Entertainment

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.
United Airlines
7.4
Good
9,116 reviews
Delta
7.9
Good
8,022 reviews
Check prices

Food

7.3

Overall

7.9

Boarding

8.1

Comfort

7.9

Crew

8.5

Entertainment

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.
Avianca
6.6
Okay
2,490 reviews
Delta
7.9
Good
8,022 reviews
Check prices

Food

7.3

Overall

7.9

Boarding

8.1

Comfort

7.9

Crew

8.5

Entertainment

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$ 1,167, United Airlines can have you in Panama from Toronto in 9h. 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$ 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$ 308, 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$ 1,794, our data shows the cheapest flight currently is C$ 429. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 705 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$ 670). 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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Ottawa to San José flights
Pierre Elliott Trudeau Intl to San Pedro Sula flights
Ottawa to Managua flights
Toronto Island to Managua flights
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Hamilton to Panama City flights
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Thunder Bay to Panama City flights
Pearson Intl to David flights
Thunder Bay to Liberia flights
London to Panama City flights
London to San José flights
Pierre Elliott Trudeau Intl to David flights
Toronto Island to Philip S.W.Goldson flights
Thunder Bay to San José flights
London to Philip S.W.Goldson flights
London to Guatemala City flights
Pierre Elliott Trudeau Intl to Flores flights
Pearson Intl to Flores flights
Pearson Intl to Tegucigalpa flights
Timmins to Managua 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 December 2025.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 432AverageC$ 750FlexibilityNo cancel feeOn-time71%
Search Avianca flights
DeltaCheapestC$ 480AverageC$ 924FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
Air TransatCheapestC$ 569AverageC$ 845FlexibilityNo cancel feeOn-time50%
Search Air Transat flights
United AirlinesCheapestC$ 581AverageC$ 734FlexibilityNo cancel feeOn-time69%
Search United Airlines flights
Copa AirlinesCheapestC$ 662AverageC$ 960FlexibilityNo 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?

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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.

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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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