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Cheap flights from Toronto to Panama from C$ 318

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 12/9. Fares are subject to change and may not be available on all flights or dates of travel.
YTO — PTY
8 Jul — 15 Jul1
1 adult

Cheap 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 July 2025.

Round-trip from

C$ 645

One-way from

C$ 318

Popular in

December

Cheapest in

November

Average price

C$ 838

Good round-trip deal

C$ 749 or less

Good one-way deal

C$ 328 or less
Avianca
  • Avianca
  • 17/10-22/10
  • 2 total stops
  • 28h 15m total
  • Toronto to Panama
Avianca
  • Avianca
  • 12/9
  • 1 total stop
  • 16h 40m total
  • Toronto to Panama
Highest demand for flights based on searches. 11% potential increase in price (C$ 148 potential increase over avg. RT price).
Cheapest flight prices on average. 5% potential price decrease (C$ 60 potential savings vs. average RT price).
Average for round-trip flights in July 2025
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.

Find flight deals from Toronto to Panama

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 July 2025.

Fri 17/1011:50 p.m.YYZ - PTY
1 stop10h 05mAvianca
Wed 22/103:20 a.m.PTY - YYZ
1 stop18h 10mAvianca
Deal found 3/7C$ 645
Thu 16/109:00 a.m.YYZ - PTY
Nonstop5h 35mCopa Airlines
Thu 23/106:40 p.m.PTY - YYZ
Nonstop5h 33mCopa Airlines
Deal found 3/7C$ 649
Mon 8/92:50 p.m.YYZ - PTY
2 stops23h 00mDelta
Tue 16/92:10 p.m.PTY - YYZ
2 stops26h 13mDelta
Deal found 1/7C$ 722
Mon 22/96:10 a.m.YYZ - PTY
1 stop13h 27mUnited Airlines
Wed 1/410:00 a.m.PTY - YYZ
1 stop11h 18mUnited Airlines
Deal found 2/7C$ 729
Thu 11/93:45 p.m.YYZ - PTY
2 stops23h 46mAmerican Airlines
Thu 18/93:31 p.m.PTY - YYZ
2 stops17h 44mAmerican Airlines
Deal found 2/7C$ 743
Tue 9/96:30 a.m.YYZ - PTY
1 stop14h 49mMultiple Airlines
Mon 15/912:03 p.m.PTY - YYZ
1 stop10h 52mMultiple Airlines
Deal found 1/7C$ 766
Thu 31/71:25 p.m.YTZ - PTY
2 stops28h 05mMultiple Airlines
Mon 4/810:29 p.m.PTY - YTZ
1 stop18h 14mMultiple Airlines
Deal found 2/7C$ 988
Fri 1/86:10 a.m.YYZ - DAV
2 stops36h 22mUnited Airlines
Fri 8/89:44 a.m.DAV - YYZ
2 stops32h 21mUnited Airlines
Deal found 2/7C$ 1,432
Fri 1/89:00 a.m.YYZ - DAV
1 stop24h 59mCopa Airlines
Fri 8/86:18 p.m.DAV - YYZ
1 stop29h 55mCopa Airlines
Deal found 2/7C$ 1,450
Fri 1/85:10 p.m.YYZ - DAV
3 stops16h 49mMultiple Airlines
Fri 8/89:44 a.m.DAV - YYZ
3 stops19h 56mMultiple Airlines
Deal found 2/7C$ 1,664

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 July 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

Fri 17/10

11:50 p.m.-8:55 a.m.

1 stop10h 05m

Panama City Tocumen Intl

Wed 22/10

3:20 a.m.-10:30 p.m.

1 stop18h 10m

C$ 645

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 16/10

9:00 a.m.-1:35 p.m.

Nonstop5h 35m

Panama City Tocumen Intl

Thu 23/10

6:40 p.m.-1:13 a.m.

Nonstop5h 33m

C$ 649

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 8/9

6:15 a.m.-12:50 p.m.

1 stop7h 35m

Panama City Tocumen Intl

Tue 16/9

2:10 p.m.-12:07 p.m.

1 stop20h 57m

C$ 722

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Mon 22/9

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

1 stop13h 27m

Panama City Tocumen Intl

Wed 1/4

10:00 a.m.-10:18 p.m.

1 stop11h 18m

C$ 729

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Thu 11/9

3:45 p.m.-2:31 p.m.

2 stops23h 46m

Panama City Tocumen Intl

Thu 18/9

3:31 p.m.-10:15 a.m.

2 stops17h 44m

C$ 743

TorontoPanama City

YYZ - PTY

YYZPTY

Toronto Pearson Intl

Tue 9/9

6:30 a.m.-8:19 p.m.

1 stop14h 49m

Panama City Tocumen Intl

Mon 15/9

12:03 p.m.-11:55 p.m.

1 stop10h 52m

C$ 766

TorontoDavid

YYZ - DAV

YYZDAV

Toronto Pearson Intl

Mon 22/9

9:00 a.m.-5:29 p.m.

1 stop9h 29m

David Enrique Malek

Mon 6/10

9:41 a.m.-1:13 a.m.

1 stop14h 32m

C$ 899

TorontoPanama City

YTZ - PTY

YTZPTY

Toronto Island

Thu 31/7

1:25 p.m.-4:30 p.m.

2 stops28h 05m

Panama City Tocumen Intl

Mon 4/8

10:29 p.m.-5:43 p.m.

1 stop18h 14m

C$ 988

TorontoDavid

YYZ - DAV

YYZDAV

Toronto Pearson Intl

Mon 22/9

1:30 p.m.-8:58 a.m.

2 stops20h 28m

David Enrique Malek

Mon 6/10

9:41 a.m.-1:52 p.m.

2 stops27h 11m

C$ 1,120

TorontoDavid

YYZ - DAV

YYZDAV

Toronto Pearson Intl

Mon 18/8

11:25 a.m.-8:59 a.m.

2 stops22h 34m

David Enrique Malek

Fri 22/8

9:44 a.m.-4:14 p.m.

2 stops29h 30m

C$ 1,398

Flights are sorted by cheapest round-trip flights first.

Deals found on 30/6

Showing 1-10 of 17 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, January is the cheapest month in which you can book a flight from Toronto to Panama (average of C$ 542). Flying from Toronto to Panama in December is currently the most expensive (average of C$ 874). 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 July 2025.

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.

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 July 2025.
Check out reviews from past customers who have flown with Delta,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.

Boarding

8.2

Entertainment

7.9

Comfort

7.9

Food

7.3

Overall

8.0

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.
8.0
Very good

Boarding

8.2

Entertainment

7.9

Comfort

7.9

Food

7.3

Overall

8.0

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

Boarding

8.2

Entertainment

7.9

Comfort

7.9

Food

7.3

Overall

8.0

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

Boarding

8.2

Entertainment

7.9

Comfort

7.9

Food

7.3

Overall

8.0

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

Boarding

8.2

Entertainment

7.9

Comfort

7.9

Food

7.3

Overall

8.0

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

Boarding

8.2

Entertainment

7.9

Comfort

7.9

Food

7.3

Overall

8.0

Crew

8.5

Reviews

1 / 20
2.0
Mediocre

Santiago,Apr 2024

MCO - ATL

When I was going to board, one of the staff members told me that I could not board with my passport bag because it was tree items and I would need to check a bag. This was so stupid ! The bag was small. So I had to put my things in my pockets, put the funny bag inside the other bag. Then go throw it. Then in the plane put everything back again in my funny bag.

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

    C$ 318 is the cheapest one-way deal found within the past few days, from Avianca. You may also be able to find cheap deals on Delta and United Airlines, with prices starting from C$ 413 and C$ 454, 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$ 1,288, our data shows the cheapest flight currently is C$ 281. When looking at the most popular route, (Toronto Pearson Intl - Panama City Tocumen Intl), you can expect to pay C$ 653 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, January is the cheapest month in which you can book a flight from Toronto to Panama (average of C$ 542). Flying from Toronto to Panama in December is currently the most expensive (average of C$ 874). 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 8 airlines flying from Toronto to Panama

Discover the top 8 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 July 2025.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapestC$ 460AverageC$ 683FlexibilityNo cancel feeOn-time71%
Search Avianca flights
Air TransatCheapestC$ 569AverageC$ 733FlexibilityNo cancel feeOn-time50%
Search Air Transat flights
United AirlinesCheapestC$ 572AverageC$ 706FlexibilityNo cancel feeOn-time69%
Search United Airlines flights
American AirlinesCheapestC$ 594AverageC$ 780FlexibilityNo cancel feeOn-time71%
Search American Airlines flights
Copa AirlinesCheapestC$ 664AverageC$ 915FlexibilityNo cancel feeOn-time70%
Search Copa Airlines flights
DeltaCheapestC$ 670AverageC$ 997FlexibilityNo cancel feeOn-timeN/A
Search Delta flights
Sunwing AirlinesCheapestC$ 764AverageC$ 883FlexibilityNo cancel feeOn-timeN/A
Search Sunwing Airlines flights
WestJet EncoreCheapestC$ 949AverageC$ 1,329FlexibilityNo cancel feeOn-timeN/A
Search WestJet Encore 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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