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$508+ Cheap flights from Panama to Madrid, Spain (MAD)

This is the cheapest one-way flight price found by a Cheapflights user in the last 72 hours by searching for a flight departing on 2/3. Fares are subject to change and may not be available on all flights or dates of travel.
PTY — MAD
Jan 6 — Jan 131
Mon 1/6
Mon 1/13
1 adult, Economy
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Cheap flight deals from Panama to Madrid

Discover tips and strategies to find the most affordable flight options for your journey from Panama (PA0) to Madrid (MAD). Learn about various techniques such as flexible date searches, comparing prices across and setting up price alerts. Use these methods to find the cheapest flights available for your travel needs. Data last updated January 1, 2025.

Round-trip from

$711
(FlightHub)

One-way from

$508
(Kiwi.com)
From Panama to Madrid Barajas
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One-way flight from Panama to Madrid Barajas
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Find flight deals from Panama to Madrid

Cheapest flights from Panama to Madrid
Explore the most affordable flight options available from Panama to Madrid. Find the lowest fares from popular airlines and budget airlines, with prices last updated on January 1, 2025.

This FlightHub deal was found by Cheapflights users on 1/1. Clicking the “Pick Dates” button in this card will allow you to select your dates and further customize your flight criteria. From there, click “Find deals”, make sure FlightHub is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Mon 3/179:30 pmPTY - MAD
Nonstop9h 35mAir Europa
Fri 3/213:10 pmMAD - PTY
Nonstop10h 35mAir Europa
Deal found 1/1$711
This United Airlines deal was found by Cheapflights users on 1/1. Clicking the “Pick Dates” button in this card will allow you to select your dates and further customize your flight criteria. From there, click “Find deals”, make sure United Airlines is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Tue 1/214:40 pmPTY - MAD
2 stops34h 35mUnited Airlines
Tue 1/2811:15 amMAD - PTY
2 stops38h 23mUnited Airlines
Deal found 1/1$721
This Iberia deal was found by Cheapflights users on 1/1. Clicking the “Pick Dates” button in this card will allow you to select your dates and further customize your flight criteria. From there, click “Find deals”, make sure Iberia is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Wed 2/56:20 pmPTY - MAD
Nonstop10h 05mIberia
Mon 5/511:50 amMAD - PTY
Nonstop11h 05mIberia
Deal found 1/1$723
This Air Canada deal was found by Cheapflights users on 12/31. Clicking the “Pick Dates” button in this card will allow you to select your dates and further customize your flight criteria. From there, click “Find deals”, make sure Air Canada is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Sat 2/1511:55 pmPTY - MAD
2 stops27h 40mMultiple Airlines
Sat 3/112:15 pmMAD - PTY
2 stops37h 47mMultiple Airlines
Deal found 12/31$725
This Air France deal was found by Cheapflights users on 1/1. Clicking the “Pick Dates” button in this card will allow you to select your dates and further customize your flight criteria. From there, click “Find deals”, make sure Air France is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Wed 2/58:50 pmPTY - MAD
1 stop16h 25mAir France
Mon 5/510:05 amMAD - PTY
1 stop14h 50mAir France
Deal found 1/1$734
This KLM deal was found by Cheapflights users on 12/31. Clicking the “Pick Dates” button in this card will allow you to select your dates and further customize your flight criteria. From there, click “Find deals”, make sure KLM is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Wed 2/56:45 pmPTY - MAD
1 stop18h 55mKLM
Tue 2/186:00 amMAD - PTY
1 stop16h 25mKLM
Deal found 12/31$735
This Turkish Airlines deal was found by Cheapflights users on 1/1. Clicking the “Pick Dates” button in this card will allow you to select your dates and further customize your flight criteria. From there, click “Find deals”, make sure Turkish Airlines is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Sun 2/169:45 pmPTY - MAD
1 stop19h 45mTurkish Airlines
Tue 2/182:55 pmMAD - PTY
1 stop35h 05mTurkish Airlines
Deal found 1/1$822

Find flights from Panama to Madrid within your budget

Customize your flight search to find flights from Panama to Madrid that fit within your specific budget. Explore options based on user searches and filter the results based on your desired price range. Find flights that match your budget for a cost-effective journey. Over the last 7 days, Cheapflights users made 2,558,603 searches. Data last updated January 1, 2025.

Fly from

Any airport

Fly to

Any airport

Route

Depart

Return

Price

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Mon 3/17

9:30 pm-1:05 pm

Nonstop9h 35m

Madrid Barajas

Fri 3/21

3:10 pm-7:45 pm

Nonstop10h 35m

$711

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Tue 1/21

4:40 pm-9:15 am

2 stops34h 35m

Madrid Barajas

Tue 1/28

11:15 am-5:07 pm

2 stops35h 52m

$721

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Wed 2/5

6:20 pm-10:25 am

Nonstop10h 05m

Madrid Barajas

Mon 5/5

11:50 am-3:55 pm

Nonstop11h 05m

$723

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Sat 2/15

11:55 pm-9:35 am

2 stops27h 40m

Madrid Barajas

Sat 3/1

12:15 pm-8:02 pm

2 stops37h 47m

$725

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Wed 2/5

8:50 pm-7:15 pm

1 stop16h 25m

Madrid Barajas

Mon 5/5

10:05 am-5:55 pm

1 stop14h 50m

$734

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Wed 2/5

6:45 pm-7:40 pm

1 stop18h 55m

Madrid Barajas

Tue 2/18

6:00 am-4:25 pm

1 stop16h 25m

$735

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Sun 2/16

9:45 pm-11:30 pm

1 stop19h 45m

Madrid Barajas

Tue 2/18

2:55 pm-8:00 pm

1 stop35h 05m

$822

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Mon 2/3

9:27 am-11:05 am

3 stops43h 38m

$508

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Fri 2/14

3:19 am-10:35 pm

1 stop13h 16m

$531

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Wed 1/22

9:45 pm-10:25 am

1 stop30h 40m

$552

Flights are sorted by cheapest round-trip flights first.

Deals found on 12/30

Showing 1-10 of 16 results
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Best time to book a flight from Panama to Madrid

Have a flexible travel schedule? Discover the best time to fly to Madrid from Panama with our price prediction graph.
Estimated round-trip price
Rates are based on past data. Find the cheapest month and day to book your flight based on your travel requirements, then search for cheap deals.

Travel insights for flights from Panama to Madrid

Get recent, data-driven insights about flights from Panama to Madrid including ideal travel times, pricing trends, and more.

What is the cheapest month to book a flight from Panama to Madrid?

Currently, November is the cheapest month in which you can book a flight from Panama to Madrid (average of $543). Flying from Panama to Madrid in June is currently the most expensive (average of $1,133). There are several factors that can impact the price of a flight, so comparing airlines, departure airports and flight times can provide users with more options.

What is the cheapest time of day to fly from PA to MAD?

Find hourly flight availability from Panama to Madrid. Discover flight options and departure times throughout the day, allowing you to choose a departure time that suits your schedule. Data last updated January 1, 2025.

When flying from Panama to Madrid, the time of day you decide to fly out makes little to no difference towards the overall price you’ll pay on tickets.

Rainfall in Madrid by month

Plan your trip to Madrid by taking into account the average rainfall totals by month.

In terms of precipitation, rainfall in Madrid ranges from 0.4 - 2.4 inches per month. November is typically the wettest month, when rainfall can reach 2.4 in. July is typically the driest time to visit Madrid when rainfall is around 0.4 in.

Temperature in Madrid by month

Plan your trip to Madrid by taking into account the average temperature totals by month.

If weather is an important factor for your trip to Madrid, use this chart to help with planning. For those seeking warmer temperatures, July is the ideal time of year to visit, when temperatures reach an average of 77.0 F. Travelers looking to avoid the cold should look outside of January, when temperatures are typically at their lowest (around 41.0 F).

Reviews of airlines servicing Madrid

Get insights into the airlines that provide service to Madrid. Read reviews, discover amenities, and learn about the overall travel experience offered by airlines. Use this information to make informed decisions when choosing an airline for your flight to Madrid. Reviews last updated January 1, 2025.
To help decide which airline to fly from Panama to Madrid, see what other customers have to say about Turkish Airlines, Air Europa and KLM. Users can see the overall rating for each airline as well as how each is rated in terms of entertainment options, comfort, food, crew/service, and boarding process.
KLM
7.8
Good
1,340 reviews

Comfort

7.7

Boarding

7.8

Food

7.3

Crew

8.4

Entertainment

7.2

Overall

7.8

Reviews

1 / 10

I could not select a seat prior to check in as systems not integrated. Different PNRs should be on reservation which would make process easier.

KLM
7.8
Good
1,340 reviews
KLM
7.8
Good
1,340 reviews

Comfort

7.7

Boarding

7.8

Food

7.3

Crew

8.4

Entertainment

7.2

Overall

7.8

Reviews

1 / 10

I could not select a seat prior to check in as systems not integrated. Different PNRs should be on reservation which would make process easier.

Air France
7.4
Good
1,494 reviews
KLM
7.8
Good
1,340 reviews

Comfort

7.7

Boarding

7.8

Food

7.3

Crew

8.4

Entertainment

7.2

Overall

7.8

Reviews

1 / 10

I could not select a seat prior to check in as systems not integrated. Different PNRs should be on reservation which would make process easier.

United Airlines
7.4
Good
8,973 reviews
KLM
7.8
Good
1,340 reviews

Comfort

7.7

Boarding

7.8

Food

7.3

Crew

8.4

Entertainment

7.2

Overall

7.8

Reviews

1 / 10

I could not select a seat prior to check in as systems not integrated. Different PNRs should be on reservation which would make process easier.

Turkish Airlines
7.3
Good
3,902 reviews
KLM
7.8
Good
1,340 reviews

Comfort

7.7

Boarding

7.8

Food

7.3

Crew

8.4

Entertainment

7.2

Overall

7.8

Reviews

1 / 10

I could not select a seat prior to check in as systems not integrated. Different PNRs should be on reservation which would make process easier.

Air Europa
7.0
Good
540 reviews
KLM
7.8
Good
1,340 reviews

Comfort

7.7

Boarding

7.8

Food

7.3

Crew

8.4

Entertainment

7.2

Overall

7.8

Reviews

1 / 10

I could not select a seat prior to check in as systems not integrated. Different PNRs should be on reservation which would make process easier.

Related info for your journey

Find useful and relevant information for your journey from Panama to Madrid. Access travel guides, tips, and recommendations to enhance your travel experience. Get information about local attractions, weather, transportation options, and more.

  • What airport do you fly into for flights to Madrid from Panama?

    Madrid Barajas (MAD), located 8.5 mi from the city center, is the airport you fly into when you book flights from Panama to Madrid.

  • How popular is this Panama to Madrid flight route?

    This flight path from Panama to Madrid Barajas was viewed by 31 users in the past month. Keep an eye out for changes in search interest prior to high and low season.

  • What are the cheapest airlines to fly from Panama to Madrid one-way?

    $531 is the cheapest one-way deal found within the past few days, from Avianca. You may also be able to find cheap deals on Turkish Airlines and KLM, with prices starting from $552 and $654, respectively.

  • What are the most reliable airlines from Panama to Madrid?

    Consider Iberia (70%), Air Europa (65%) or Copa Airlines (58%) when booking your flight. These represent the most reliable airlines when flying from Panama to Madrid.

  • What are the cheapest flights from Panama to Madrid?

    On average you can expect to pay $1,280 for a flight from Panama to Madrid. The cheapest flight overall is $362 while the most popular route, (Panama City Tocumen Intl - Madrid Barajas) is currently priced at $711.

  • Can I find deals for flights from Panama to Madrid that include hotel bookings?

    Yes. In addition to deals on Panama to Madrid flights, Cheapflights offers vacation packages that include both flights and hotel.

  • How can I find direct flights from Panama to Madrid?

    After entering your origin and destination, apply the non-stop filter on the search result page to find direct flights from Panama to Madrid.

  • Can I find deals for business class flights from Panama to Madrid?

    Yes. Cheapflights offers flight deals from Panama to Madrid by cabin class. In addition to browsing deals, you can also filter by cabin class on the search results page after making a search.

  • What is the cheapest month to book a flight from Panama to Madrid?

    Currently, November is the cheapest month in which you can book a flight from Panama to Madrid (average of $543). Flying from Panama to Madrid in June is currently the most expensive (average of $1,133). There are several factors that can impact the price of a flight, so comparing airlines, departure airports and flight times can provide users with more options.

See more FAQs

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Top 7 airlines flying from Panama to Madrid

Discover the top 7 airlines that operate flights from Panama to Madrid. Compare their services, reliability, and customer satisfaction ratings to choose the airline that best suits your travel preferences and needs. Over the last 7 days, Cheapflights users made 2,558,603 searches. Data last updated January 1, 2025.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapest$543Average$613FlexibilityNo cancel feeOn-time71%
United AirlinesCheapest$601Average$740FlexibilityNo cancel feeOn-time69%
Air EuropaCheapest$613Average$770FlexibilityNo cancel feeOn-time83%
IberiaCheapest$631Average$822FlexibilityNo cancel feeOn-time77%
KLMCheapest$633Average$802FlexibilityNo cancel feeOn-time75%
Air FranceCheapest$641Average$775FlexibilityNo cancel feeOn-time77%
Turkish AirlinesCheapest$728Average$757FlexibilityNo cancel feeOn-time77%
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