AirHint found the following cheapest return flights from Toronto (YYZ) to Panama City (PTY) in January 2026 (see full year).

Return flights

21 Jan - 25 Jan	Delta
18 Jan - 24 Jan	Delta
24 Jan - 01 Feb	Delta
22 Jan - 25 Jan	Delta
22 Jan - 31 Jan	Copa	direct
21 Jan - 25 Jan	Copa	direct
22 Jan - 25 Jan	Copa	direct
18 Jan - 24 Jan	Copa	direct
24 Jan - 01 Feb	Copa	direct
04 Jan - 18 Jan	Copa	direct
08 Jan - 11 Jan	United
08 Jan - 11 Jan	Copa	direct

Also check the deals for one-way flights from Toronto to Panama City in January.

The deals are updated regularly. The prices may go up as tickets are purchased by other travellers. Only the cheapest flights are offered. Select a price to book and secure these cheap prices.

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Cheapest return flights from Toronto to Panama City in January from 453€

Return flights