$727 Cheap Flights from Panama City (PTY) to Reykjavik (KEF)

View $727 flight on Tue, Jun 2, 2026Opens in a new window

Popular airlines from Tocumen Intl. Airport (PTY) to Reykjavik–Keflavik Intl. Airport (KEF)

Cheap Flights from Panama City to Reykjavik (PTY-KEF)

Prices were available within the past 7 days and start at $727 for one-way flights and $1,092 for round trip, for the period specified. Prices and availability are subject to change. Additional terms apply.

KLM
Sat, Feb 7 - Sat, Feb 14
PTY
Panama City
KEF
Reykjavik
$1,092 Roundtrip, found 2 hours ago
$1,092
Roundtrip
found 2 hours ago
Select KLM flight, departing Sat, Feb 7 from Panama City to Reykjavik, returning Sat, Feb 14, priced at $1,092 found 2 hours ago
avianca
Tue, Nov 18 - Wed, Dec 3
PTY
Panama City
KEF
Reykjavik
$1,100 Roundtrip, found 4 days ago
$1,100
Roundtrip
found 4 days ago
Select avianca flight, departing Tue, Nov 18 from Panama City to Reykjavik, returning Wed, Dec 3, priced at $1,100 found 4 days ago
KLM
Sat, Jan 31 - Mon, Feb 16
PTY
Panama City
KEF
Reykjavik
$1,123 Roundtrip, found 4 days ago
$1,123
Roundtrip
found 4 days ago
Select KLM flight, departing Sat, Jan 31 from Panama City to Reykjavik, returning Mon, Feb 16, priced at $1,123 found 4 days ago
KLM
Tue, Mar 17 - Tue, Mar 31
PTY
Panama City
KEF
Reykjavik
$1,125 Roundtrip, found 4 days ago
$1,125
Roundtrip
found 4 days ago
Select KLM flight, departing Tue, Mar 17 from Panama City to Reykjavik, returning Tue, Mar 31, priced at $1,125 found 4 days ago
avianca
Tue, Nov 18 - Wed, Dec 3
PTY
Panama City
KEF
Reykjavik
$1,131 Roundtrip, found 4 days ago
$1,131
Roundtrip
found 4 days ago
Select avianca flight, departing Tue, Nov 18 from Panama City to Reykjavik, returning Wed, Dec 3, priced at $1,131 found 4 days ago
KLM
Mon, Mar 2 - Sat, Mar 14
PTY
Panama City
KEF
Reykjavik
$1,132 Roundtrip, found 4 days ago
$1,132
Roundtrip
found 4 days ago
Select KLM flight, departing Mon, Mar 2 from Panama City to Reykjavik, returning Sat, Mar 14, priced at $1,132 found 4 days ago
Copa
Tue, Apr 14 - Tue, Apr 28
PTY
Panama City
KEF
Reykjavik
$1,135 Roundtrip, found 9 hours ago
$1,135
Roundtrip
found 9 hours ago
Select Copa flight, departing Tue, Apr 14 from Panama City to Reykjavik, returning Tue, Apr 28, priced at $1,135 found 9 hours ago
KLM
Mon, Feb 9 - Sun, Feb 15
PTY
Panama City
KEF
Reykjavik
$1,136 Roundtrip, found 2 hours ago
$1,136
Roundtrip
found 2 hours ago
Select KLM flight, departing Mon, Feb 9 from Panama City to Reykjavik, returning Sun, Feb 15, priced at $1,136 found 2 hours ago
Air France
Mon, Feb 9 - Sun, Feb 15
PTY
Panama City
KEF
Reykjavik
$1,156 Roundtrip, found 2 hours ago
$1,156
Roundtrip
found 2 hours ago
Select Air France flight, departing Mon, Feb 9 from Panama City to Reykjavik, returning Sun, Feb 15, priced at $1,156 found 2 hours ago
United
Tue, Jun 2 - Sat, Jun 20
PTY
Panama City
KEF
Reykjavik
$1,459 Roundtrip, found 3 days ago
$1,459
Roundtrip
found 3 days ago
Select United flight, departing Tue, Jun 2 from Panama City to Reykjavik, returning Sat, Jun 20, priced at $1,459 found 3 days ago

Alternative airports near Reykjavik

Prices were available within the past 7 days. Prices and availability are subject to change.

Select flight to Keflavik Intl. KEF. Cheapest option available. Average driving time to city center is 45 minutes. Flights from $1,132
KEF
Keflavik Intl.
Cheapest
Average driving time to city center45 min
Flights from $1,132
Flights from Panama City (PTY) to Reykjavik (KEF)
Origin airport
Tocumen Intl.
Destination airport
Keflavik Intl.
Airlines serving
American Airlines, Delta, KLM, United
Roundtrip price
$1,091
Distance
4679 mi

Panama City to Reykjavik Flights

The cheapest times to fly from Panama City to Reykjavik

On average, Thursday can be the cheapest time to fly, according to data from the Airlines Reporting Corporation (ARC), one of the world's biggest databases for global airline sales. The data reveals that you could save up to 16% by flying on a Thursday—the cheapest day to travel on average—instead of a Sunday—the most expensive. Some of the most affordable flights from Panama City to Reykjavik are during the month of February. You can find some of the cheapest flights from Panama City to Reykjavik with Expedia's search tool and vast selection of airlines.

 

The best time to book a flight from Panama City to Reykjavik

Sunday is one of the best days to book for cheap flights from Panama City to Reykjavik: Tickets reserved on a Sunday cost between 6% and 13% less than those reserved on a Friday, according to ARC data. The data also suggests booking early can also lead to cheaper airfares. You could save 24% by buying your tickets for domestic flights at least a month in advance and 10% by booking international flights 2 months in advance.

 

How to find cheap round-trip tickets from Panama City to Reykjavik

Being flexible with your dates and using Expedia's Price Drop Protection and Price Tracking features are some of the best ways of finding a cheap ticket from Panama City to Reykjavik in 2025. You can also book with separate airlines for your outbound and return journeys, from $727 one-way. Expedia also offers Price Drop Protection, so if the cost of your airfare goes down after booking, you'll receive a credit for the difference*. This is available for a small fee, and is free to One Key Gold and Platinum tier members.

 

Expedia's Price Tracking feature means you can stay on top of airfares without manually checking every day. It sends you automated price alerts for cheap Panama City to Reykjavik flights and uses historical data to indicate when the best time to book is. Download Expedia's free app to activate this handy tool in a few easy taps.

 

You could also save big by booking one of Expedia's vacation packages. Bundling together your Panama City to Reykjavik airfare with your accommodations and car rental is often cheaper than booking everything separately. There’s also One Key, Expedia's generous rewards program. Join for free and you could earn One Key cash on most bookings to save on future adventures.

 

*Terms apply.

 

Disclaimer: ARC The statistics are based on average round-trip ticket prices between January and August 2023. The percentages you see are averages.

 

Frequently asked questions

How much does a flight from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF) cost?
Snag a cheap one-way flight from $727 or cheap return flight from $1,092 from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF) with Expedia. Enter your travel dates and sort by "Price (lowest to highest)" to see our cheapest flight deals on this route.
What is the cheapest month to fly from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF)?
The cheapest month to fly from PTY to KEF is February, when demand is low. Off-peak season is typically when airlines offer lower prices between these airports.
What is the cheapest airline that flies from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF)?
To find the cheapest airline flying from PTY to KEF, use Expedia's filter tool. Customize your search based on what matters most to you, such as preferred carriers and seat class. You can then sort your results by "Price (lowest to highest)" to see the cheapest fares upfront.
How many flights per day from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF)?
Nonstop flights from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF) aren't available daily, so you'll need to take a flight with a layover. Explore your options with our filter tool. Enter your travel dates and pick either "1 Stop" or "2+ Stops."
What day of the week has the most flights from PTY to KEF?
Generally you'll find the most flight options available on a Friday. Tuesdays are often the quietest.* However, this can vary based on the airline, season and other factors.*Busiest/quietest day to travel is based on Expedia flight demand through January to December 2024.
What is the best time to fly from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF)?
Book a flight from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF) that leaves before 3 PM to reduce the risk of cancellations. Later departures are on average 22% more likely to be canceled.**Most reliable time of the day and month to travel recommendation is based on January through August 2024 flight status data sourced from OAG's global flight data platform.
Is it cheaper to buy a plane ticket from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF) last-minute?
Holding off until just before your trip to book a flight from PTY to KEF generally means paying more. While you might find some last-minute offers, they aren't always guaranteed. Be flexible with your travel plans to boost your chances of snagging a bargain.
Is it cheaper to book a PTY to KEF flight and hotel package?
Compared with arranging flights and hotels separately, booking a PTY to KEF flight and hotel package with Expedia could result in significant savings. Better yet, having everything in one convenient place will take the hassle out of travel planning. Simply secure your flights and choose from our extensive range of stays, then tailor your trip with other add-ons like car rentals and activities.
Can I cancel or change the date of my flight from Tocumen Intl. Airport (PTY) to Keflavik Intl. Airport (KEF)?
It's generally possible to reschedule or cancel your PTY to KEF flight. However, if the booking was made more than 24 hours ago, additional fees may apply. Check your airline's policies in your itinerary to see what changes are allowed and whether any costs are involved. You'll also find further details on our Customer Service portal.

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*Available to One Key members.