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

Return flights

03 Feb - 10 Feb	Avianca
20 Feb - 03 Mar	Avianca
01 Feb - 26 Feb	Avianca
01 Feb - 28 Feb	United
04 Feb - 11 Feb	United
20 Feb - 22 Feb	Avianca
04 Feb - 18 Feb	Avianca
03 Feb - 10 Feb	Copa	direct
04 Feb - 18 Feb	Copa	direct
04 Feb - 11 Feb	Copa	direct
26 Feb - 10 Mar	Copa	direct
26 Feb - 09 Mar	Copa	direct
20 Feb - 01 Mar	Avianca
09 Feb - 16 Feb	Copa	direct
22 Feb - 08 Mar	Copa	direct
20 Feb - 03 Mar	Copa	direct
27 Feb - 10 Mar	Copa	direct
28 Feb - 10 Mar	Copa	direct
28 Feb - 08 Mar	Copa	direct
28 Feb - 07 Mar	Copa	direct

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

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 February from $447

Return flights