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Cheap flights from Madrid to Panama City from $399

This is the cheapest one-way flight price found by a momondo user in the last 72 hours by searching for a flight from Madrid to Panama City departing on 5/5. Fares may change, and may not be available for all flights or travel dates. Click the price to refresh the search for this deal.
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Find the cheapest flights from Madrid to Panama City

Cheap round-trip flights

These are some of the best round-trip flight deals from Madrid to Panama City that have been recently found on momondo from popular airlines, departing in the coming months.
KLM Logo
8:25 pm - 4:50 pmMAD-PTY
27h 25m1 stop
KLM Logo
6:50 pm - 4:25 pmPTY-MAD
14h 35m1 stop
$660KLM
Find Deal
Sat, May 17 - Tue, Jun 10
 Logo
6:00 am - 4:50 pmMAD-PTY
17h 50m1 stop
 Logo
7:55 pm - 4:45 pmPTY-MAD
13h 50m1 stop
Fri, Aug 22 - Thu, Sep 18
KLM Logo
8:25 pm - 4:50 pmMAD-PTY
27h 25m1 stop
KLM Logo
6:50 pm - 7:55 pmPTY-MAD
18h 05m1 stop
$662KLM
Find Deal
Tue, May 27 - Wed, Jun 25
Air France Logo
6:00 am - 5:45 pmMAD-PTY
18h 45m1 stop
Air France Logo
7:55 pm - 9:10 amPTY-MAD
30h 15m1 stop
$663Air France
Find Deal
Mon, Aug 25 - Mon, Sep 15
Avianca Logo
1:30 am - 10:10 amMAD-PTY
15h 40m1 stop
Avianca Logo
3:19 am - 10:35 pmPTY-MAD
13h 16m1 stop
$696Avianca
Find Deal
Sun, Oct 19 - Wed, Oct 29
Avianca Logo
1:30 am - 10:10 amMAD-PTY
15h 40m1 stop
Avianca Logo
3:19 am - 10:35 pmPTY-MAD
13h 16m1 stop
$697Avianca
Find Deal
Sun, Oct 19 - Wed, Oct 29
Air Europa Logo
3:05 pm - 6:40 pmMAD-PTY
10h 35mnonstop
Air Europa Logo
8:25 pm - 1:15 pmPTY-MAD
9h 50mnonstop
$731Air Europa
Find Deal
Thu, Jun 19 - Sat, Jul 12
Air Europa Logo
3:05 pm - 6:40 pmMAD-PTY
10h 35mnonstop
Air Europa Logo
8:25 pm - 1:15 pmPTY-MAD
9h 50mnonstop
$732Air Europa
Find Deal
Wed, May 28 - Thu, Jun 26
Iberia Logo
12:00 pm - 3:40 pmMAD-PTY
10h 40mnonstop
Iberia Logo
5:20 pm - 10:25 amPTY-MAD
10h 05mnonstop
$764Iberia
Find Deal
Mon, Aug 25 - Mon, Sep 15
Iberia Logo
12:00 pm - 3:40 pmMAD-PTY
10h 40mnonstop
Iberia Logo
5:20 pm - 10:25 amPTY-MAD
10h 05mnonstop
$850Iberia
Find Deal
Sat, Jun 28 - Mon, Jul 7

United Airlines flights from Madrid to Panama City

Our best United Airlines deals on Madrid to Panama City flight tickets
United Airlines
Jun 4
MAD11:15 amMadrid Barajas
33h 59m
2 stops
PTY2:14 pmPanama City Tocumen Intl
Jun 30
PTY9:45 amPanama City Tocumen Intl
16h 15m
1 stop
MAD9:00 amMadrid Barajas
United Airlines
May 21
MAD12:30 pmMadrid Barajas
38h 01m
2 stops
PTY7:31 pmPanama City Tocumen Intl
May 30
PTY9:45 amPanama City Tocumen Intl
27h 05m
2 stops
MAD7:50 pmMadrid Barajas
United Airlines
May 21
MAD10:50 amMadrid Barajas
15h 41m
1 stop
PTY7:31 pmPanama City Tocumen Intl
May 30
PTY9:45 amPanama City Tocumen Intl
23h 30m
2 stops
MAD4:15 pmMadrid Barajas

Avianca flights from Madrid to Panama City

Our best Avianca deals on Madrid to Panama City flight tickets
Avianca
Oct 19
MAD1:30 amMadrid Barajas
15h 40m
1 stop
PTY10:10 amPanama City Tocumen Intl
Oct 29
PTY3:19 amPanama City Tocumen Intl
13h 16m
1 stop
MAD10:35 pmMadrid Barajas
Avianca
Oct 19
MAD1:30 amMadrid Barajas
15h 40m
1 stop
PTY10:10 amPanama City Tocumen Intl
Oct 29
PTY3:19 amPanama City Tocumen Intl
13h 16m
1 stop
MAD10:35 pmMadrid Barajas
Avianca
Oct 19
MAD1:30 amMadrid Barajas
15h 40m
1 stop
PTY10:10 amPanama City Tocumen Intl
Oct 30
PTY9:55 pmPanama City Tocumen Intl
18h 40m
1 stop
MAD10:35 pmMadrid Barajas

See travel insights to Panama City from

How to get the cheapest flight ticket from Madrid to Panama City

Look no further. We've gone through all the searches for this route on momondo so you have the important information and insights to find the cheapest flight ticket for your trip

What is the typical price of a round-trip flight between Madrid and Panama City?

What is the cheapest month to fly to Panama City?

In general, March is the cheapest month to fly from Madrid to Panama City. Due to it being the ‘off-season’ during this time, you can expect flight prices to be around $666. If you’re not able to fly to Panama City in March, then September is your next best option. Flight prices from Madrid to Panama City during September average around $670.

What is the cheapest day to depart on your flight to Panama City?

Our data shows that Monday is the least expensive day to fly to Panama City. Tickets to fly out on this day can be as low as $767. If your travel schedule is flexible, try to avoid departing on a Tuesday because tickets tend to average around $1,071. These prices are subject to change though, so be sure to set up a Price Alert for flights to Panama City.

What is the cheapest time of day to depart on your flight to Panama City?

Our most recent data shows that the best time of day to fly to Panama City is in the morning. Flights from Madrid to Panama City during this time can be as low as $868. Try not to purchase tickets in the afternoon because they tend to be around $887. Of course, these prices can vary depending on the time of year and what airport you fly to.

What is the cheapest Madrid Barajas to Panama City Tocumen Intl flight route?

Fly from Madrid Barajas to Panama City Tocumen Intl for the best Madrid Barajas - Panama City Tocumen Intl flight prices

How far in advance should I book a flight to Panama City?

You are more likely to see cheaper flights to Panama City from Madrid when booking 25 weeks ahead of your departure date. In general, you can expect to find flights to Panama City for around $795 when searching 25 weeks out.However, flight prices might be lower outside of this timeframe. For example, people recently found flights to Panama City from Madrid for as low as $691 on momondo.

What cabin class options are available on Madrid Barajas to Panama City Tocumen Intl flights?

There are 3 cabin classes available to choose from on Madrid Barajas to Panama City Tocumen Intl flights. Cabin price and availability will vary by airline so perform a search above to find the right deals for you.

How have Madrid to Panama City flight prices changed over time?

As of April 2025, prices for Madrid to Panama City flights are approximately 24% more expensive when compared to flights at the same time last year.

When to book flights from Madrid to Panama City

Are you open to changing your travel dates? Check out the ideal times to fly from Madrid to Panama City according to our flight data. Find out which month and days have the cheapest flights.
Estimated round-trip price

Cheap Madrid to Panama City (MAD to PTY) flight deals and tips

Find info about flight duration, direct flights, and airports for your flight from Madrid to Panama City

Best Price Found

$399

Fastest flight time

10h 35m

Direct flights

Every day

Airports in Panama City

1 airport
The best one-way flight to Panama City from Madrid in the past 72 hours is $399. The best round-trip flight deal from Madrid to Panama City found on momondo in the last 72 hours is $660.
The fastest flight from Madrid to Panama City takes 10h 35m
Direct flights go from Madrid to Panama City every day.
There is 1 airport near Panama City: Panama City Tocumen Intl (PTY)

  • How far is Madrid Barajas to Panama City Tocumen Intl by plane?

    The straight-line distance from Madrid Barajas to Panama City Tocumen Intl is 5069.0 mi. 10h 35m is a normal flight duration for this route.

  • When did momondo last update prices for flights from Madrid Barajas Airport to Panama City Tocumen Intl Airport?

    Prices for flights from Madrid Barajas Airport to Panama City Tocumen Intl Airport are refreshed on a daily basis.

  • How many operators does momondo search for flights from Madrid Barajas Airport to Panama City Tocumen Intl Airport?

  • How old do you have to be to fly from Madrid Barajas Airport to Panama City Tocumen Intl Airport?

    The minimum age a child must be to fly alone is five but airlines that offer an unaccompanied minor (UNMR) service will have their own age restrictions, including rules around flight length, timings, and stopovers. We always recommend checking with the individual airline you are booking with to travel from Madrid Barajas Airport to Panama City Tocumen Intl Airport.

  • What documentation or ID do you need to fly to Panama City Tocumen Intl Airport?

    The travel and health documents required for your trip to Panama City Tocumen Intl Airport can vary based on your itinerary and personal situation. As a rule, consider having multiple documents such as a national ID card or driver’s license, and a passport valid for six-months after you plan to arrive at Panama City Tocumen Intl Airport. We always recommend checking with your airline or a trusted third party such as IATA to get advice.

  • What is the most popular plane model from Madrid to Panama City?

  • What is the most popular airline from Madrid to Panama City?


Best airlines flying from Madrid to Panama City

Compare and see reviews for airlines that fly from Madrid to Panama City with momondo
Airline
Rating
Free Cancellation
Price
AviancaPriceFrom $582Free CancellationRating
6.7
2,317 reviews
Search Avianca flights
Air EuropaPriceFrom $618Free CancellationRating
6.9
510 reviews
Search Air Europa flights
IberiaPriceFrom $644Free CancellationRating
7.0
2,700 reviews
Search Iberia flights
  • Iberia Flights From Madrid to Panama City

    Iberia flies from Madrid to Panama City around 3 times per week, with 2,701 momondo users rating the airline 7.0/10. The cheapest Iberia deal from Madrid to Panama City in the last 72 hours was $644 (round-trip), much lower than the average airfare cost of $797 for Iberia flights on this route.

  • Air Europa Flights From Madrid to Panama City

    Another popular option for Madrid to Panama City flights is Air Europa (6.9/10, 510 ratings). Air Europa flies from Madrid to Panama City around 4 times per week, with deals starting from $618 round-trip and rising to an average price of around $882.


Traveling to a place near Panama City?

Book flights to Panama City if you plan to visit one of these locations
San Blas

Why use momondo?

Why should I use momondo to find a flight deal from Madrid to Panama City?

momondo compares prices from hundreds of airlines and agents so you can find and book the best deal on flights from Madrid to Panama City. Millions of users trust and use momondo every year so you are in good hands.

Can I find flights from Madrid to Panama City with flexible booking policies on momondo?

All flight searches from Madrid to Panama City on momondo can be filtered to show those which offer flexible booking policies.

How can momondo help me find flights from Madrid to Panama City?

Once you have performed a search for Madrid to Panama City flights, momondo helps you find the right one by offering useful filters to narrow down your flight selection. Flights can be filtered by multiple factors such as airline, airport and price; but also by other criteria like aircraft type and payment method.

I’m not ready to book a flight from Madrid to Panama City right now. Can momondo alert me if prices change?

Price alerts on flights to Panama City from Madrid are quick and easy to set up on momondo. Simply perform a search and select the price alert feature. It is as simple as that.


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1 adult
Mon 5/5
Mon 5/12

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