Cheap flights from Toronto to Panama City from C$456 YHM, YTZ, YYZ → PTY

Found recently, and the cheapest we hold

What have prices looked like?

Over 46 days, 24 Sept to 11 Nov, the cheapest return we saw each day was C$698 (US$490) to C$1,818 (US$1,275).

Those were the prices on those days, not today's.

Could nearby dates be cheaper?

Yes. Among 11-night return fares leaving within 3 days of 16 Dec, 15 Dec – 26 Dec costs C$1,185 (US$831): C$7 (US$5) less than the cheapest found recently.

United Airlines · Pearson International Airport (YYZ) → Tocumen International Airport (PTY) · out 1 stop, back 1 stop · found 3 days ago

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Every date we hold

7 fares on 5 departure dates

Which month looks cheapest?

January 2027 is the cheapest month — from C$805 (US$565).

Found recently, and the cheapest we hold

It is also the cheapest one-way we hold, of any age.

What have prices looked like?

Over 13 days, 5 Oct to 10 Nov, the cheapest one-way we saw each day was C$456 (US$320) to C$867 (US$608).

At C$456 (US$320), the cheapest one-way found recently is at the low end of that range.

13 days is a short history, so treat this range as an early guide.

Those were the prices on those days, not today's.

Could nearby dates be cheaper?

We hold no other one-way fares leaving within 3 days of 31 Dec to compare.

Every date we hold

2 fares on 2 departure dates

Return

Fares 60 to 89 days before departure were typically 14% lower than 14 to 29 days before departure.

From the cheapest return each day between 24 Sept and 11 Nov (46 days), grouped by how many days ahead the flight left; one adult in economy.

Each range covers different departure dates, so this compares typical fares, not the same trip priced twice.

Prices reflect recent searches — current fares may differ.

One-way

Not enough history yet: in 13 days of one-way prices, 5 Oct to 10 Nov, fewer than 3 booking ranges had prices on 7 days or more.

How much is a return flight from Toronto to Panama City?

The cheapest return found recently is C$1,192 (US$836) with United Airlines, 16 Dec to 27 Dec, found 2 days ago. The cheapest return we hold, of any age, is C$805 (US$565) with American Airlines, 6 Jan 2027 to 14 Jan 2027, found 3 days ago. The cheapest return fare on each of 5 departure dates is usually C$898 (US$630) to C$1,177 (US$826).

How much is a one-way flight from Toronto to Panama City?

The cheapest one-way found recently is C$456 (US$320) with Copa Airlines, 31 Dec, found 3 days ago.

What is the cheapest month to fly from Toronto to Panama City?

January 2027 is the cheapest month for a return, from C$805 (US$565), 6 Jan 2027 to 14 Jan 2027, found 3 days ago.

How far ahead should I book a flight from Toronto to Panama City?

In 46 days of prices between 24 Sept and 11 Nov, return fares 60 to 89 days before departure were typically 14% lower than 14 to 29 days before departure.

Which airlines have the cheapest flights from Toronto to Panama City?

Between 15 Dec and 18 Mar 2027, United Airlines has the cheapest return on 4 of the 5 departure dates we hold, and American Airlines on 1.