Statistics on Montreal-Panama (Panama City) flights: what is the right price and when to buy your plane ticket?

Best time to go: what is the RIGHT price for a round-trip flight to Panama (Panama City) (from: Montreal)

The average price to go to Panama (Panama City) from Montreal airport is $ 712 (round trip). However, there are variations depending on the departure month. Thus, it is possible to pay for your plane ticket on average between $ 596 (in november) and $ 876 (in december), which is a saving of $ 116 or a surplus of $ 165 (compared to the average price) depending on the period you leave.

The analysis of all prices reveals that the most frequent price is between $540 to $594 and it is generally more economical to leave on a monday and return on a wednesday on a flight with 1 or more layovers.

Be careful, the cheapest months may correspond to unfavorable weather periods . Check out our page best time to go to Panama (Panama City) before booking your flight.

If you want to know when to book your flight at the best price, go straight to the second part of this page: When to buy your Montreal-Panama (Panama City) plane ticket.

How are these data calculated?

We have studied a sample of 60000 airfare prices from previous years for flights to Panama (Panama City) from Montreal and can thus establish precise and credible price variation trends based on different parameters. Of course, prices can vary from year to year, but the seasonal aspect of this data (recurrence of school holidays, events... from year to year) makes these statistics quite reliable.

Average price depending on the departure month

Created with Highcharts 8.2.2 $859 $859 $692 $692 $766 $766 $647 $647 $620 $620 $674 $674 $833 $833 $762 $762 $598 $598 $606 $606 $596 $596 $876 $876Average price of round-trip airfare in USD according to the departure monthjan.feb.mar.apr.mayjun.jul.aug.sep.oct.nov.dec.400500600700800900

Data analysis:

By leaving in november, the price of the plane ticket will statistically be the cheapest ($ 596, saving $ 116 compared to the average price over the year which is $ 712). Conversely, december will be the most expensive ($ 876).

Flight Montreal-Panama (Panama City): when is the best time to go for the best price?

Month Good price* Average price Our opinion
January$ 671 $ 859 high price
February$ 565 $ 692 fair price
March$ 618 $ 766 fair price
April$ 557 $ 647 good price
May$ 535 $ 620 good price
June$ 563 $ 674 fair price
July$ 686 $ 833 high price
August$ 649 $ 762 fair price
September$ 532 $ 598 good price
October$ 528 $ 606 good price
November$ 532 $ 596 very good price
December$ 696 $ 876 very high price

*great price to buy your plane ticket: if you see this price or cheaper during your flight search, go for it and buy it!

Price breakdown to travel from Montreal to Panama (Panama City)

Created with Highcharts 8.2.21%1%3%3%17%17%20%20%12%12%9%9%7%7%5%5%4%4%4%4%3%3%3%3%2%2%3%3%Percentage of plane tickets found at this price$378 to $432$432 to $486$486 to $540$540 to $594$594 to $648$648 to $702$702 to $756$756 to $810$810 to $864$864 to $918$918 to $972$972 to$1026$1026 to$1080$1080 to$11340510152025

Data analysis:

The prices for flights from Montreal to Panama (Panama City) range from $378 to $1134. 1% of tickets were purchased at the minimum price (from $378 to $432), 3% at the maximum price (from $1080 to $1134). The majority of plane tickets were purchased in the range of $540 to $594 (20% of tickets).

Cheapest airlines for the Montreal->Panama flight

There are 7 companies that serve Montreal from Panama (Panama City) airport: Copa, United, Air Canada, Avianca (scheduled), Air Transat, American Airlines and KLM.

Created with Highcharts 8.2.2Copa: 67 %Copa: 67 %United: 16 %United: 16 %Air Canada: 4 %Air Canada: 4 %Avianca (scheduled): 3 %Avianca (scheduled): 3 %Air Transat: 2 %Air Transat: 2 %American Airlines: 2 %American Airlines: 2 %KLM: 2 %KLM: 2 %

Data analysis:

Of the 60000 flights analyzed in previous years, Copa was the airline that offered the best fare most often in the flight ticket search results (67% of the time) on the Montreal->Panama route.

Direct flight or flight with layover?

Created with Highcharts 8.2.2 $731 $731 $679 $679Average ticket price: direct flight or flight with layover(s)Direct flightFlight with layover575600625650675700725750

Data analysis:

To get the best price for the Montreal-Panama (Panama City) flight, you should take a flight with one or more layovers (you will save an average of $ 57 compared to a direct flight).

Which day of the week to leave?

Created with Highcharts 8.2.2 $ +9 $ +9 $ -24 $ -24 $ +6 $ +6 $ -3 $ -3 $ -15 $ -15 $ +10 $ +10 $ +20 $ +20Average airfare price according to the departure daya sundaya mondaya tuesdaya wednesdaya thursdaya fridaya saturday-30-20-100102030

Data analysis:

Statistically, Montreal-Panama (Panama City) flights departing on a monday are cheaper than on other days of the week. By choosing a monday as your departure date, you can save an average of $24. On the other hand, departing on a saturday may cost you an additional $20.

Which day of the week to come back?

Created with Highcharts 8.2.2 $ -8 $ -8 $ +4 $ +4 $ +7 $ +7 $ -37 $ -37 $ -6 $ -6 $ -16 $ -16 $ +51 $ +51Average airfare price based on the return daya sundaya mondaya tuesdaya wednesdaya thursdaya fridaya saturday-60-40-200204060

Data analysis:

Statistically, return flights from Panama (Panama City) to Montreal departing on a wednesday are cheaper than on other days of the week. By choosing a wednesday for your return date, you will save an average of $37. Conversely, departing from Panama (Panama City) on a saturday may cost you an additional $51.

Top prices Montreal-Panama (Panama City)

Round tripDatesPrice
Montreal → Panama City03-06 to 10-06-2025$ 514 
Montreal → Panama City16-06 to 23-06-2025$ 514 
Montreal → Panama City09-07 to 16-07-2025$ 445 
Montreal → Panama City20-08 to 31-08-2025$ 476 
Montreal → Panama City13-11 to 20-11-2025$ 514 
Montreal → Panama City02-02 to 09-02-2026$ 514 
Montreal → Panama City01-03 to 08-03-2026$ 513 
Montreal → Panama City02-03 to 09-03-2026$ 513 
Montreal → Panama City04-03 to 11-03-2026$ 513 
Montreal → Panama City08-03 to 15-03-2026$ 513 

When to book your flight Montreal - Panama (Panama City) to get the cheapest price?

Statistically, you will make the biggest savings by buying your plane ticket between 8 to 9 months in advance. However, you may end up paying a high price if you book between 0 to 1 month in advance.

Did you know: the price of plane tickets not only varies depending on how far in advance you book, but also on the day of the week you book! So, to maximize your chances of getting the best price for a Montreal-Panama flight, it is recommended to book your ticket on a sunday.

How far in advance should I buy my flight?

Created with Highcharts 8.2.2 $893 $893 $700 $700 $663 $663 $671 $671 $685 $685 $674 $674 $690 $690 $669 $669 $644 $644 $669 $669 $718 $718 $850 $850Average airfare price based on the number of months between booking and flight0 to 1 month1 to 2 months2 to 3 months3 to 4 months4 to 5 months5 to 6 months6 to 7 months7 to 8 months8 to 9 months9 to 10 months10 to 11 months11 to 12 months5006007008009001000

Data analysis:

To get the cheapest flight ticket from Montreal to Panama (Panama City), it is recommended to buy it 8 to 9 months before departure (it is then on average 644 $, which is a saving of 68 $ compared to the overall average price). On the other hand, if you buy your ticket 0 to 1 month in advance, you will pay the full price (181 $ more than the average price).

Depending on the departure month

The best time to buy your Montreal to Panama (Panama City) flight ticket may vary depending on your departure month. Therefore, we offer you statistics on when to book your flight month by month.

Departure on... How far in advance should I book?
January

Best time: 1 to 2 months before departure (average price: 692 $)

Other interesting period(s): 2 to 3 months ($ 753), 3 to 4 months ($ 815), 8 to 9 months ($ 772), 9 to 10 months ($ 803)
February

Best time: 8 to 9 months before departure (average price: 574 $)

Other interesting period(s): 1 to 2 months ($ 679), 2 to 3 months ($ 639), 3 to 4 months ($ 664), 4 to 5 months ($ 608), 5 to 6 months ($ 611), 6 to 7 months ($ 579), 7 to 8 months ($ 581), 9 to 10 months ($ 579), 10 to 11 months ($ 615)
March

Best time: 5 to 6 months before departure (average price: 658 $)

Other interesting period(s): 2 to 3 months ($ 733), 3 to 4 months ($ 744), 4 to 5 months ($ 727), 6 to 7 months ($ 703), 7 to 8 months ($ 727), 8 to 9 months ($ 691), 9 to 10 months ($ 687), 10 to 11 months ($ 718)
April

Best time: 8 to 9 months before departure (average price: 584 $)

Other interesting period(s): 3 to 4 months ($ 647), 4 to 5 months ($ 625), 5 to 6 months ($ 626), 6 to 7 months ($ 598), 7 to 8 months ($ 597), 9 to 10 months ($ 584), 10 to 11 months ($ 589)
May

Best time: 8 to 9 months before departure (average price: 539 $)

Other interesting period(s): 2 to 3 months ($ 601), 3 to 4 months ($ 570), 4 to 5 months ($ 560), 5 to 6 months ($ 547), 6 to 7 months ($ 570), 7 to 8 months ($ 549), 9 to 10 months ($ 542), 10 to 11 months ($ 592)
June

Best time: 3 to 4 months before departure (average price: 612 $)

Other interesting period(s): 2 to 3 months ($ 638), 4 to 5 months ($ 633), 5 to 6 months ($ 638), 6 to 7 months ($ 641), 7 to 8 months ($ 631), 8 to 9 months ($ 632), 9 to 10 months ($ 642), 10 to 11 months ($ 620)
July

Best time: 4 to 5 months before departure (average price: 687 $)

Other interesting period(s): 1 to 2 months ($ 823), 2 to 3 months ($ 766), 3 to 4 months ($ 704), 5 to 6 months ($ 750), 6 to 7 months ($ 777), 11 to 12 months ($ 701)
August

Best time: 4 to 5 months before departure (average price: 692 $)

Other interesting period(s): 1 to 2 months ($ 750), 2 to 3 months ($ 699), 3 to 4 months ($ 696), 5 to 6 months ($ 710), 6 to 7 months ($ 720), 7 to 8 months ($ 699), 8 to 9 months ($ 759), 9 to 10 months ($ 746)
September

Best time: 1 to 2 months before departure (average price: 544 $)

Other interesting period(s): 2 to 3 months ($ 562), 3 to 4 months ($ 564), 4 to 5 months ($ 597), 5 to 6 months ($ 581), 6 to 7 months ($ 583), 7 to 8 months ($ 582), 8 to 9 months ($ 555), 9 to 10 months ($ 564), 10 to 11 months ($ 573)
October

Best time: 2 to 3 months before departure (average price: 527 $)

Other interesting period(s): 1 to 2 months ($ 592), 3 to 4 months ($ 556), 4 to 5 months ($ 557), 5 to 6 months ($ 554), 6 to 7 months ($ 579), 7 to 8 months ($ 581), 8 to 9 months ($ 570), 9 to 10 months ($ 554), 10 to 11 months ($ 568)
November

Best time: 2 to 3 months before departure (average price: 537 $)

Other interesting period(s): 3 to 4 months ($ 565), 4 to 5 months ($ 575), 5 to 6 months ($ 566), 6 to 7 months ($ 577), 7 to 8 months ($ 554), 8 to 9 months ($ 584), 9 to 10 months ($ 581), 10 to 11 months ($ 571)
December

Best time: 10 to 11 months before departure (average price: 815 $)

Other interesting period(s): 1 to 2 months ($ 816), 2 to 3 months ($ 876), 4 to 5 months ($ 840), 5 to 6 months ($ 855), 8 to 9 months ($ 838), 9 to 10 months ($ 848)

What day of the week should I book my flight ticket?

Created with Highcharts 8.2.2 $ -9 $ -9 $ +9 $ +9 $ +5 $ +5 $ -1 $ -1 $ +3 $ +3 $ -5 $ -5 $ +5 $ +5Average price of plane ticket according to the booking daysundaymondaytuesdaywednesdaythursdayfridaysaturday-10-50510

Data analysis:

Statistically, sunday is the day when plane tickets for Montreal->Panama are the cheapest. So, by buying your plane ticket on a sunday, you will save $9. Conversely, by buying it on a monday, you may end up paying $9 more.

Montreal to Panama (Panama City): flight price when booking today

Information: this data is not statistics but comes from real prices collected less than 7 days ago. Some months may not be available as we do not have enough data for them.

Month Current price
April 2025$ 850
$584 to $1250		Find a flight
May 2025$ 582
$461 to $661		Find a flight
June 2025$ 550
$514 to $830		Find a flight
July 2025$ 593
$445 to $855		Find a flight
August 2025$ 592
$476 to $713		Find a flight
September 2025$ 527
$435 to $571		Find a flight
October 2025$ 529
$435 to $624		Find a flight
November 2025$ 535
$435 to $659		Find a flight
December 2025$ 922
$514 to $1271		Find a flight
January 2026$ 909
$514 to $1227		Find a flight
February 2026$ 682
$514 to $1034		Find a flight
March 2026$ 998
$513 to $3034		Find a flight

Data analysis:

Compared to the average price, may, june, july, august, september, october, november and february are cheaper to travel to Panama (Panama City). So it may be interesting to book now to leave during these months!

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