$261 Cheap Flights from Toronto (YYZ) to Panama City (PTY)

View $261 flight on Mon, Sep 8, 2025Opens in a new window

Popular airlines from Toronto Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY)

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Cheap Flights from Toronto to Panama City (YYZ-PTY)

Prices were available within the past 7 days and start at $261 for one-way flights and $502 for round trip, for the period specified. Prices and availability are subject to change. Additional terms apply.

Copa
Sat, Sep 13 - Sat, Sep 27
YYZ
Toronto
PTY
Panama City
$502 Roundtrip, found 4 days ago
$502
Roundtrip
found 4 days ago
Select Copa flight, departing Sat, Sep 13 from Toronto to Panama City, returning Sat, Sep 27, priced at $502 found 4 days ago
avianca
Wed, Sep 24 - Sun, Sep 28
YYZ
Toronto
PTY
Panama City
$519 Roundtrip, found 8 hours ago
$519
Roundtrip
found 8 hours ago
Select avianca flight, departing Wed, Sep 24 from Toronto to Panama City, returning Sun, Sep 28, priced at $519 found 8 hours ago
avianca
Mon, Sep 29 - Mon, Oct 6
YYZ
Toronto
PTY
Panama City
$521 Roundtrip, found 16 hours ago
$521
Roundtrip
found 16 hours ago
Select avianca flight, departing Mon, Sep 29 from Toronto to Panama City, returning Mon, Oct 6, priced at $521 found 16 hours ago
Delta
Wed, Dec 31 - Wed, Jan 14
YYZ
Toronto
PTY
Panama City
$522 Roundtrip, found 12 hours ago
$522
Roundtrip
found 12 hours ago
Select Delta flight, departing Wed, Dec 31 from Toronto to Panama City, returning Wed, Jan 14, priced at $522 found 12 hours ago
Delta
Tue, Sep 30 - Wed, Oct 1
YYZ
Toronto
PTY
Panama City
$524 Roundtrip, found 5 days ago
$524
Roundtrip
found 5 days ago
Select Delta flight, departing Tue, Sep 30 from Toronto to Panama City, returning Wed, Oct 1, priced at $524 found 5 days ago
Delta
Mon, Sep 8 - Wed, Oct 8
YYZ
Toronto
PTY
Panama City
$525 Roundtrip, found 5 days ago
$525
Roundtrip
found 5 days ago
Select Delta flight, departing Mon, Sep 8 from Toronto to Panama City, returning Wed, Oct 8, priced at $525 found 5 days ago
Delta
Tue, Sep 2 - Tue, Sep 9
YYZ
Toronto
PTY
Panama City
$527 Roundtrip, found 22 hours ago
$527
Roundtrip
found 22 hours ago
Select Delta flight, departing Tue, Sep 2 from Toronto to Panama City, returning Tue, Sep 9, priced at $527 found 22 hours ago
Copa
Wed, Sep 17 - Mon, Sep 22
YYZ
Toronto
PTY
Panama City
$527 Roundtrip, found 22 hours ago
$527
Roundtrip
found 22 hours ago
Select Copa flight, departing Wed, Sep 17 from Toronto to Panama City, returning Mon, Sep 22, priced at $527 found 22 hours ago
American Airlines
Sat, Dec 6 - Tue, Dec 9
YYZ
Toronto
PTY
Panama City
$539 Roundtrip, found 1 hour ago
$539
Roundtrip
found 1 hour ago
Select American Airlines flight, departing Sat, Dec 6 from Toronto to Panama City, returning Tue, Dec 9, priced at $539 found 1 hour ago
United
Fri, Sep 5 - Fri, Sep 12
YYZ
Toronto
PTY
Panama City
$541 Roundtrip, just found
$541
Roundtrip
just found
Select United flight, departing Fri, Sep 5 from Toronto to Panama City, returning Fri, Sep 12, priced at $541 just found

Find the cheapest month to fly from Toronto (YYZ) to Panama City (PTY)

November is typically the cheapest month to fly

From $399 - $623 per traveler.

Graph displaying average flight prices per month

Alternative airports near Panama City

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

Select flight to Tocumen Intl. PTY. Cheapest option available. Average driving time to city center is 16 minutes. Flights from $566
PTY
Tocumen Intl.
Cheapest
Average driving time to city center16 min
Flights from $566
Flights from Toronto (YYZ) to Panama City (PTY)
Origin airport
Pearson Intl.
Destination airport
Tocumen Intl.
Airlines serving
Aeromexico, American Airlines, Copa, Delta, United, avianca
Roundtrip price
$501
Distance
2391 mi
Average flight time
4 hours 31 mins

Toronto to Panama City Flights

The cheapest times to fly from Toronto to Panama City

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 Toronto to Panama City are during the month of September. You can find some of the cheapest flights from Toronto to Panama City with Expedia's search tool and vast selection of airlines.

 

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

Sunday is one of the best days to book for cheap flights from Toronto to Panama City: 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 Toronto to Panama City

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 Toronto to Panama City in 2025. You can also book with separate airlines for your outbound and return journeys, from $261 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 Toronto to Panama City 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 Toronto to Panama City 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 Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY) cost?
You can score cheap return fares from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY) starting at $729. Book your seat and be on your way. This information is based on the cheapest price found on Expedia for this return journey departing within the next three months. This airfare is for a Copa flight leaving YYZ on August 14 2025 and touching down at PTY. The price was last updated on July 23 2025 and has not changed since.
What is the cheapest month to fly from YYZ to PTY?
The cheapest flights from YYZ to PTY are usually during off-peak season, when demand is lower. To save money, avoid flying during public holidays, school breaks and major local events.
Which airlines fly direct from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY)?
When jetting out of Pearson Intl. Airport (YYZ), you can get on a direct flight to Tocumen Intl. Airport (PTY) with Copa Airlines.
What is the cheapest airline that flies from YYZ to PTY?
With prices as low as $737 for a one-way journey from YYZ to PTY, Copa is currently the cheapest carrier operating this route. This fare is based on the lowest price found on Expedia departing within the next three months. The flight takes off from YYZ on August 26 2025. Prices were last updated on July 23 2025 and have not changed since.
How many flights per day from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY)?
On average, only 1 direct flight departs each day from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY). Need other options? Use Expedia's filter tool to discover flights with layovers and squeeze in a visit to another city along the way.
What are the most popular departure times for flights from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY)?
The 9 AM departures from YYZ to PTY are the most sought after. They can also be more expensive. If you're looking to save, book during off-peak hours.
What day of the week has the most flights from YYZ to PTY?
If you jet off on a Wednesday, you'll get the greatest range of choices for flights from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY).
What is the earliest flight from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY)?
Hop on the earliest flight at around 9:00AM UTC-5, leaving from Pearson Intl. Airport (YYZ). You'll be in the air for around 5h 42m, landing at Tocumen Intl. Airport (PTY) at approximately 2:42PM UTC-5.
How long does it take to fly from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY)?
It takes approximately 5 hours and 42 minutes to travel the 2,400 mi from YYZ to PTY.
What is the best time to fly from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY)?
Book a flight from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY) that leaves before 3 PM to reduce the likelihood of delays. Departures after this hour have a 22% higher chance of being canceled, on average.**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.
What airports do you fly into for Panama City from Pearson Intl. Airport (YYZ)?
Board a direct flight from Pearson Intl. Airport (YYZ) to Panama City and land at Tocumen Intl. Airport (PTY). An alternative arrival point to the city is Rio Hato (RIH-Scarlett Martinez Intl.).
Is it cheaper to buy a plane ticket from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY) last-minute?
Booking your plane ticket from YYZ to PTY just before your getaway is typically more expensive. However, if you're flexible with your itinerary, you could land a cheap last-minute fare.
Is it cheaper to book a YYZ to PTY flight and hotel package?
Opting for a YYZ to PTY flight and hotel package tends to be cheaper than booking separately. With Expedia, you can enjoy the ease of organizing your travels all in one place. Select from our extensive range of stays and then add flights, activities and car rentals to your booking. Bundle everything together, and you could save hundreds of dollars.
Can I cancel or change the date of my flight from Pearson Intl. Airport (YYZ) to Tocumen Intl. Airport (PTY)?
It's generally possible to cancel or reschedule your YYZ to PTY flight. However, if the booking was made more than 24 hours ago, additional charges may apply. Refer to your airline's policies in your itinerary to see what changes are possible and if any costs are involved. You'll also find more information on our Customer Service portal.

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*Available to One Key members.