How many flights depart from Panama City to Madrid on average per day?

As of December 2025, there are 7 flights per day flying from Panama City to Madrid. The most common time of day flights depart is 9:00PM, with 100% of flights taking off in the evening.

What airlines fly to Madrid?

Air Europa, Iberia and Avianca are the top three most popular airlines that fly to Madrid from Panama City according to our data. Air Europa is the first choice among our users, with 57% of people opting to fly with this airline when traveling to Madrid. Keep in mind that there are 8 different airlines that fly to Madrid on a routine basis, so you have a few additional options to choose from.

Which airline has the best punctuality record on Panama City to Madrid flights?

According to our data, Pascan have had the least number of delays on this route over the last 12 months; with about 6% of their flights experiencing any sort of delay.

What is the cheapest airline that flies from Panama City Tocumen Intl to Madrid Barajas?

Avianca and Air Europa are the most popular carriers operating from Panama City Tocumen Intl to Madrid Barajas

How often are flights from Panama City to Madrid delayed?

Historically, on average around 14% of flights between Panama City and Madrid have experienced a delay on any given week. The average delay length over the past 12 months has been 133 minutes.

Which layover airport offers the lowest fares from Panama City to Madrid?

Flights via Paris (CDG) offer the lowest average round-trip price of $710.

Which airport is the most popular layover for flights between Panama City and Madrid?

Bogotá (BOG) was the most common stop: 77% of momondo users choosing 1-stop flights on this route connected there.

What is the most punctual flight time for Panama City to Madrid flights?

Generally, flights departing in the evening tend to experience fewer delays. Flights in the early afternoon have, in the past, seen delays more frequently in comparison.

Which layover airport has the shortest travel time from Panama City to Madrid?

Flights connecting via Bogotá (BOG) have the shortest average one-way travel time: 13h 49m.

How many flights depart from Panama City to Madrid on average per week?

49 flights are operational weekly from Panama City to Madrid as of December 2025. The most popular departure day for this route is Mon, with 20% of flights per week taking off on this day.

What day of the week experiences the fewest flight delays on this route?

Monday is statistically the day of the week which experiences the fewest number of delays on this flight route. Friday has historically seen more delays on average compared to the rest of the week.

Which layover airport has the shortest connection time from Panama City to Madrid?

Paris (CDG) has the shortest average layover time for this route: 1h 53m.

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

Prices for flights from Panama City Tocumen Intl Airport to Madrid Barajas Airport were last updated today.

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

As of December 2025, there are 8 operators available to choose from for flights from Panama City Tocumen Intl Airport to Madrid Barajas Airport.

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

Although the minimum age for a child to fly alone is five, airlines that offer an unaccompanied minor (UMNR) service may have their own age limits, which could be impacted by factors such as flight length, timing, and layovers. It is recommended that you verify with the airline you are booking with for travel from Panama City Tocumen Intl Airport to Madrid Barajas Airport.

What documentation or ID do you need to fly to Madrid Barajas Airport?

The necessary travel and health documents for your Madrid Barajas Airport trip may vary depending on your travel plans and individual circumstances. Generally, you should have various documents, such as a national ID card or driver's license and a passport that is valid for six months beyond your scheduled arrival date. We recommend seeking advice from your airline or a trusted third party, such as IATA.

$522 Cheap Flights from Panama City to Madrid in 2025/26

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Enter your travel dates to find the best prices.

6:50 pm - 9:30 am

PTY

MAD

31h 40m1 stop

1:05 pm - 4:50 pm

MAD

PTY

34h 45m1 stop

$709KLM

Thu, May 21 - Tue, Jun 2

10:15 pm - 10:40 pm

PTY

MAD

41h 25m1 stop

12:00 pm - 8:20 pm

MAD

PTY

39h 20m1 stop

$713Turkish Airlines

Sat, May 16 - Fri, May 29

9:30 pm - 1:05 pm

PTY

MAD

9h 35mnonstop

3:10 pm - 7:45 pm

MAD

PTY

10h 35mnonstop

$714Air Europa

Fri, Mar 6 - Fri, Mar 20

10:05 pm - 10:15 am

PTY

MAD

30h 10m1 stop

6:00 am - 8:10 pm

MAD

PTY

20h 10m1 stop

$717Multiple Airlines

Mon, Feb 23 - Sun, Mar 8

3:55 am - 4:35 am

PTY

MAD

18h 40m1 stop

1:20 am - 4:55 pm

MAD

PTY

21h 35m1 stop

$723Avianca

Sat, Mar 7 - Sat, Mar 14

9:30 pm - 1:05 pm

PTY

MAD

9h 35mnonstop

3:10 pm - 7:45 pm

MAD

PTY

10h 35mnonstop

$725Air Europa

Fri, Mar 6 - Fri, Mar 20

10:15 pm - 1:35 pm

PTY

MAD

32h 20m1 stop

7:30 am - 6:30 pm

MAD

PTY

42h 00m2 stops

$726Turkish Airlines

Wed, Apr 22 - Fri, May 8

9:45 pm - 1:20 pm

PTY

MAD

33h 35m1 stop

2:25 pm - 5:05 pm

MAD

PTY

32h 40m2 stops

$727Turkish Airlines

Wed, Mar 11 - Mon, Mar 16

10:15 pm - 10:40 pm

PTY

MAD

41h 25m1 stop

7:30 am - 8:20 pm

MAD

PTY

19h 50m1 stop

$728Turkish Airlines

Sat, May 9 - Sat, Jun 13

10:05 pm - 11:25 pm

PTY

MAD

19h 20m1 stop

4:50 pm - 4:30 pm

MAD

PTY

29h 40m1 stop

$729KLM

Mon, Feb 2 - Mon, Feb 16

Turkish Airlines flights from Panama City to Madrid

Our best Turkish Airlines deals on Panama City to Madrid flight tickets

Turkish Airlines

May 16

PTY10:15 pmPanama City Tocumen Intl

41h 25m

1 stop

MAD10:40 pmMadrid Barajas

May 29

MAD12:00 pmMadrid Barajas

39h 20m

1 stop

PTY8:20 pmPanama City Tocumen Intl

$713

Find similar

Turkish Airlines

Apr 22

PTY10:15 pmPanama City Tocumen Intl

32h 20m

1 stop

MAD1:35 pmMadrid Barajas

May 8

MAD7:30 amMadrid Barajas

42h 00m

2 stops

PTY6:30 pmPanama City Tocumen Intl

$726

Find similar

Turkish Airlines

Mar 11

PTY9:45 pmPanama City Tocumen Intl

30h 40m

1 stop

MAD10:25 amMadrid Barajas

Mar 16

MAD5:55 pmMadrid Barajas

29h 10m

2 stops

PTY5:05 pmPanama City Tocumen Intl

$727

Find similar

Avianca flights from Panama City to Madrid

Our best Avianca deals on Panama City to Madrid flight tickets

Avianca

Mar 7

PTY3:55 amPanama City Tocumen Intl

18h 40m

1 stop

MAD4:35 amMadrid Barajas

Mar 14

MAD1:20 amMadrid Barajas

21h 35m

1 stop

PTY4:55 pmPanama City Tocumen Intl

$723

Find similar

Avianca

Feb 5

PTY2:55 amPanama City Tocumen Intl

14h 25m

1 stop

MAD11:20 pmMadrid Barajas

Mar 7

MAD1:20 amMadrid Barajas

13h 30m

1 stop

PTY8:50 amPanama City Tocumen Intl

$742

Find similar

Avianca

Jan 24

PTY5:50 pmPanama City Tocumen Intl

13h 35m

1 stop

MAD1:25 pmMadrid Barajas

Feb 22

MAD6:35 amMadrid Barajas

13h 25m

1 stop

PTY2:00 pmPanama City Tocumen Intl

$743

Find similar

Fly from

Fly to

Route

Depart

Return

Price

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Thu 5/21

6:50 pm-9:30 am

1 stop31h 40m

Madrid Barajas

Tue 6/2

1:05 pm-4:50 pm

1 stop34h 45m

$709

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Sat 5/16

10:15 pm-10:40 pm

1 stop41h 25m

Madrid Barajas

Fri 5/29

12:00 pm-8:20 pm

1 stop39h 20m

$713

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Fri 3/6

9:30 pm-1:05 pm

Nonstop9h 35m

Madrid Barajas

Fri 3/20

3:10 pm-7:45 pm

Nonstop10h 35m

$714

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Mon 2/23

10:05 pm-10:15 am

1 stop30h 10m

Madrid Barajas

Sun 3/8

6:00 am-8:10 pm

1 stop20h 10m

$717

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Sat 3/7

3:55 am-4:35 am

1 stop18h 40m

Madrid Barajas

Sat 3/14

1:20 am-4:55 pm

1 stop21h 35m

$723

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Fri 3/6

9:30 pm-1:05 pm

Nonstop9h 35m

Madrid Barajas

Fri 3/20

3:10 pm-7:45 pm

Nonstop10h 35m

$725

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Wed 4/22

10:15 pm-1:35 pm

1 stop32h 20m

Madrid Barajas

Fri 5/8

7:30 am-6:30 pm

2 stops42h 00m

$726

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Wed 3/11

9:45 pm-1:20 pm

1 stop33h 35m

Madrid Barajas

Mon 3/16

2:25 pm-5:05 pm

2 stops32h 40m

$727

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Sat 5/9

10:15 pm-10:40 pm

1 stop41h 25m

Madrid Barajas

Sat 6/13

7:30 am-8:20 pm

1 stop19h 50m

$728

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Mon 2/2

10:05 pm-11:25 pm

1 stop19h 20m

Madrid Barajas

Mon 2/16

4:50 pm-4:30 pm

1 stop29h 40m

$729

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

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

Prices

Airlines

Delays

Layovers

Other information

What is the cheapest month to fly to Madrid?

The month of March is, on average, the cheapest month to fly to Madrid from Panama City, with most prices found around $709. If you don’t want to visit Madrid in March, then you should wait until May to fly from Panama City, when ticket prices are also cheap, with an average price of $709.

What is the cheapest day to depart on your flight to Madrid?

The cheapest day to depart on your flight to Madrid is on a Wednesday when prices can be found for as low as $849. This is often the case because there is less demand to fly during this day of the week. Be sure to avoid booking your departure on a Sunday as prices are generally higher than usual. According to our data, the average ticket price to Madrid on Sunday is $896.

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

Flying to Madrid from Panama City in the morning is the least expensive time of day to depart. momondo users have found prices as low as $751 when looking at flights departing in the morning. Flights to Madrid are more costly at noon, with an average ticket price of $920. Departure times at noon fall within the peak daily travel times, which is why tickets can be more expensive.

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

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

How far in advance should I book a flight to Madrid?

You are more likely to see cheaper flights to Madrid from Panama City when booking weeks ahead of your departure date. In general, you can expect to find flights to Madrid for around $784 when searching weeks out. However, flight prices might be lower outside of this timeframe. For example, people recently found flights to Madrid from Panama City for as low as $727 on momondo.

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

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

Can stopping save me money on Panama City to Madrid flights?

No. A direct flight is the cheapest option for a flight between Panama City to Madrid.

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

As of December 2025, prices for Panama City to Madrid flights are approximately 5% more expensive when compared to flights at the same time last year.

When to book flights from Panama City to Madrid

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

Estimated round-trip price

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

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

Best Price Found	$659
Fastest flight time	9h 35m
Direct flights	Every day
Airports in Madrid	1 airport

The best one-way flight to Madrid from Panama City in the past 72 hours is $659. The best round-trip flight deal from Panama City to Madrid found on momondo in the last 72 hours is $784.

The fastest flight from Panama City to Madrid takes 9h 35m

Direct flights go from Panama City to Madrid every day.

There is 1 airport in Madrid. From Panama City there are direct flights to Madrid Barajas (MAD).

Search flight deals

How far is Panama City Tocumen Intl to Madrid Barajas by plane?
The distance between Panama City Tocumen Intl and Madrid Barajas is about 5069.0 mi. Typically, this will take 9h 35m by plane in normal conditions.
When did momondo last update prices for flights from Panama City Tocumen Intl Airport to Madrid Barajas Airport?
Prices for flights from Panama City Tocumen Intl Airport to Madrid Barajas Airport were last updated today.
How many operators does momondo search for flights from Panama City Tocumen Intl Airport to Madrid Barajas Airport?
As of December 2025, there are 8 operators available to choose from for flights from Panama City Tocumen Intl Airport to Madrid Barajas Airport.
How old do you have to be to fly from Panama City Tocumen Intl Airport to Madrid Barajas Airport?
Although the minimum age for a child to fly alone is five, airlines that offer an unaccompanied minor (UMNR) service may have their own age limits, which could be impacted by factors such as flight length, timing, and layovers. It is recommended that you verify with the airline you are booking with for travel from Panama City Tocumen Intl Airport to Madrid Barajas Airport.
What documentation or ID do you need to fly to Madrid Barajas Airport?
The necessary travel and health documents for your Madrid Barajas Airport trip may vary depending on your travel plans and individual circumstances. Generally, you should have various documents, such as a national ID card or driver's license and a passport that is valid for six months beyond your scheduled arrival date. We recommend seeking advice from your airline or a trusted third party, such as IATA.
What is the most popular plane model from Panama City to Madrid?
Based on momondo bookings for flights between Panama City and Madrid, the leading plane model is Airbus A330-200, making up 44.06% of the total bookings. Other popular models include Boeing 787-9 Dreamliner with 41.49%, Boeing 787-8 Dreamliner with 7.60%, and Airbus A330 with 4.16%.
What is the most popular airline from Panama City to Madrid?
momondo data reveals that the most frequently booked airline on the route from Panama City to Madrid is Air Europa, representing 52% of all bookings. The subsequent popular airlines are Iberia at 22%, Avianca at 12%, and Air France at 5%.

Best airlines flying from Panama City to Madrid

Compare and see reviews for airlines that fly from Panama City to Madrid with momondo

Airline	Rating	Free Cancellation	Price
Avianca	PriceFrom $614	Free Cancellation	Rating 6.6 2,487 reviews	Search Avianca flights
KLM	PriceFrom $654	Free Cancellation	Rating 7.7 1,430 reviews	Search KLM flights
Air Europa	PriceFrom $665	Free Cancellation	Rating 7.0 572 reviews	Search Air Europa flights
Iberia	PriceFrom $676	Free Cancellation	Rating 7.0 3,051 reviews	Search Iberia flights
Air France	PriceFrom $697	Free Cancellation	Rating 7.4 1,506 reviews	Search Air France flights
Turkish Airlines	PriceFrom $698	Free Cancellation	Rating 7.3 4,104 reviews	Search Turkish Airlines flights
United Airlines	PriceFrom $700	Free Cancellation	Rating 7.4 9,092 reviews	Search United Airlines flights
Copa Airlines	PriceFrom $728	Free Cancellation	Rating 7.6 1,556 reviews	Search Copa Airlines flights

Copa Airlines Flights From Panama City to Madrid
Across 10 Copa Airlines flights from Panama City to Madrid this week, the average price was $1,269, with the best Copa Airlines deals starting from $728 round-trip. 1,556 users have rated Copa Airlines on momondo, with an average score of 7.6/10.
Air Europa Flights From Panama City to Madrid
Another popular option for Panama City to Madrid flights is Air Europa (7.0/10, 572 ratings). Air Europa flies from Panama City to Madrid around 6 times per week, with deals starting from $665 round-trip and rising to an average price of around $822.

Toledo

Segovia

Getafe

Fuenlabrada

Cuenca

San Lorenzo de El Escorial

Guadalajara

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

momondo collates all your flight options in one place and lets you filter them to find the perfect flight from Panama City to Madrid. momondo saves you time and could save you money on your trip.

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

Flights from Panama City to Madrid with flexible booking policies can be found by using the search form above and then selecting our dedicated flexible booking filter, which will highlight only the flights where this policy is applied.

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

momondo helps you find the best flight between Panama City and Madrid by providing filters to narrow your choice of flights to those matching your criteria. You can select flights based on numerous factors such as price, departure and landing times, airport and airline.

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

Price alerts on flights to Madrid from Panama City 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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Cheap flights from Panama City to Madrid from $522

This is the cheapest one-way flight price found by a momondo user in the last 72 hours by searching for a flight from Panama City to Madrid departing on 3/5. 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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How to get the cheapest flight ticket from Panama City to Madrid

What is the cheapest month to fly to Madrid?

The month of March is, on average, the cheapest month to fly to Madrid from Panama City, with most prices found around $709. If you don’t want to visit Madrid in March, then you should wait until May to fly from Panama City, when ticket prices are also cheap, with an average price of $709.

What is the cheapest day to depart on your flight to Madrid?

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

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

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

How far in advance should I book a flight to Madrid?

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

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

Can stopping save me money on Panama City to Madrid flights?

No. A direct flight is the cheapest option for a flight between Panama City to Madrid.

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

As of December 2025, prices for Panama City to Madrid flights are approximately 5% more expensive when compared to flights at the same time last year.

What is the cheapest airline that flies from Panama City Tocumen Intl to Madrid Barajas?

Avianca and Air Europa are the most popular carriers operating from Panama City Tocumen Intl to Madrid Barajas

What airlines fly to Madrid?

How often are flights from Panama City to Madrid delayed?

Historically, on average around 14% of flights between Panama City and Madrid have experienced a delay on any given week. The average delay length over the past 12 months has been 133 minutes.

What is the most punctual flight time for Panama City to Madrid flights?

Generally, flights departing in the evening tend to experience fewer delays. Flights in the early afternoon have, in the past, seen delays more frequently in comparison.

What day of the week experiences the fewest flight delays on this route?

Monday is statistically the day of the week which experiences the fewest number of delays on this flight route. Friday has historically seen more delays on average compared to the rest of the week.

Which airline has the best punctuality record on Panama City to Madrid flights?

According to our data, Pascan have had the least number of delays on this route over the last 12 months; with about 6% of their flights experiencing any sort of delay.

Which airport is the most popular layover for flights between Panama City and Madrid?

Bogotá (BOG) was the most common stop: 77% of momondo users choosing 1-stop flights on this route connected there.

Which layover airport offers the lowest fares from Panama City to Madrid?

Flights via Paris (CDG) offer the lowest average round-trip price of $710.

Which layover airport has the shortest travel time from Panama City to Madrid?

Flights connecting via Bogotá (BOG) have the shortest average one-way travel time: 13h 49m.

Which layover airport has the shortest connection time from Panama City to Madrid?

Paris (CDG) has the shortest average layover time for this route: 1h 53m.

How many flights depart from Panama City to Madrid on average per day?

As of December 2025, there are 7 flights per day flying from Panama City to Madrid. The most common time of day flights depart is 9:00PM, with 100% of flights taking off in the evening.

How many flights depart from Panama City to Madrid on average per week?

49 flights are operational weekly from Panama City to Madrid as of December 2025. The most popular departure day for this route is Mon, with 20% of flights per week taking off on this day.

When to book flights from Panama City to Madrid

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

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

Best Price Found

Fastest flight time

Direct flights

Airports in Madrid

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

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

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

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

What documentation or ID do you need to fly to Madrid Barajas Airport?

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

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

Best airlines flying from Panama City to Madrid

Compare and see reviews for airlines that fly from Panama City to Madrid with momondo

Copa Airlines Flights From Panama City to Madrid

Air Europa Flights From Panama City to Madrid

Traveling to a place near Madrid?

Why use momondo?

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