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$524+ Cheap flights from Panama City (PTY) 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 3/12. Fares are subject to change and may not be available on all flights or dates of travel.
PTY — MAD
Jan 25 — Feb 11
Sat 1/25
Sat 2/1
1 adult, Economy
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The best prices from Panama City Tocumen Intl to Madrid Barajas are usually found in February or March, booked 39 days in advance, depart on a Tuesday or Monday and return on a Friday

Cheap flight deals from Panama City to Madrid

Discover tips and strategies to find the most affordable flight options for your journey from Panama City (PTY) 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 20, 2025.

Most accurate provider

FlightHub
3 stars

Most trusted provider

FlightHub
3 stars

Round-trip from

$661
(Gotogate)

One-way from

$524
(SmartFares)

Popular in

July

Cheapest in

February

Average price

$798
Provider with most accurate pricing for Panama City Tocumen Intl-Madrid Barajas flight deals.
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Provider most trusted by Cheapflights users for Panama City Tocumen Intl-Madrid Barajas flights.
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From Panama City Tocumen Intl to Madrid Barajas
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One-way flight from Panama City Tocumen Intl to Madrid Barajas
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High demand for flights, 9% potential price rise
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Best time to find cheap flights, 1% potential price drop
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Average for round-trip flights in January 2025
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Find flight deals from Panama City to Madrid

Cheapest flights from Panama City to Madrid
Explore the most affordable flight options available from Panama City to Madrid. Find the lowest fares from popular airlines and budget airlines, with prices last updated on January 20, 2025.

This Gotogate deal was found by Cheapflights users on 1/19. 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 Gotogate is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Mon 3/39:30 pmPTY - MAD
Nonstop9h 35mAir Europa
Wed 3/123:10 pmMAD - PTY
Nonstop10h 35mAir Europa
Deal found 1/19$661
This Avianca deal was found by Cheapflights users on 1/20. 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 Avianca is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Fri 2/143:19 amPTY - MAD
1 stop13h 16mAvianca
Sat 3/110:55 amMAD - PTY
1 stop16h 05mAvianca
Deal found 1/20$678
This KLM deal was found by Cheapflights users on 1/19. 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 3/128:50 pmPTY - MAD
1 stop14h 10mMultiple Airlines
Mon 3/241:00 pmMAD - PTY
1 stop33h 25mMultiple Airlines
Deal found 1/19$706
This Air France deal was found by Cheapflights users on 1/20. 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.
Tue 6/38:05 pmPTY - MAD
1 stop30h 05mAir France
Mon 6/1610:05 amMAD - PTY
1 stop14h 50mAir France
Deal found 1/20$707
This Iberia deal was found by Cheapflights users on 1/19. 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.
Sun 3/96:20 pmPTY - MAD
Nonstop10h 05mIberia
Wed 3/1911:45 amMAD - PTY
Nonstop11h 05mIberia
Deal found 1/19$714
This KLM deal was found by Cheapflights users on 1/18. 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.
Tue 5/136:50 pmPTY - MAD
1 stop17h 40mKLM
Fri 5/238:25 pmMAD - PTY
1 stop27h 25mKLM
Deal found 1/18$719
This United Airlines deal was found by Cheapflights users on 1/19. 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.
Fri 5/1610:55 pmPTY - MAD
2 stops25h 55mUnited Airlines
Mon 6/910:50 amMAD - PTY
1 stop15h 41mUnited Airlines
Deal found 1/19$720
This Turkish Airlines deal was found by Cheapflights users on 1/19. 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 2/29:45 pmPTY - MAD
1 stop19h 45mTurkish Airlines
Wed 2/262:55 pmMAD - PTY
2 stops33h 25mTurkish Airlines
Deal found 1/19$821

Find flights from Panama City to Madrid within your budget

Customize your flight search to find flights from Panama City 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 20, 2025.

Fly from

Any airport

Fly to

Any airport

Route

Depart

Return

Price

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Mon 3/3

9:30 pm-1:05 pm

Nonstop9h 35m

Madrid Barajas

Wed 3/12

3:10 pm-7:45 pm

Nonstop10h 35m

$661

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Fri 2/14

3:19 am-10:35 pm

1 stop13h 16m

Madrid Barajas

Sat 3/1

10:55 am-9:00 pm

1 stop16h 05m

$678

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Fri 3/14

6:20 pm-10:25 am

Nonstop10h 05m

Madrid Barajas

Fri 3/28

11:45 am-4:50 pm

Nonstop11h 05m

$688

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Wed 3/12

8:50 pm-5:00 pm

1 stop14h 10m

Madrid Barajas

Mon 3/24

1:00 pm-4:25 pm

1 stop33h 25m

$706

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Tue 6/3

8:05 pm-9:10 am

1 stop30h 05m

Madrid Barajas

Mon 6/16

10:05 am-5:55 pm

1 stop14h 50m

$707

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Tue 5/13

6:50 pm-7:30 pm

1 stop17h 40m

Madrid Barajas

Fri 5/23

8:25 pm-4:50 pm

1 stop27h 25m

$719

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Fri 5/16

10:55 pm-7:50 am

2 stops25h 55m

Madrid Barajas

Mon 6/9

10:50 am-7:31 pm

1 stop15h 41m

$720

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Sun 2/2

9:45 pm-11:30 pm

1 stop19h 45m

Madrid Barajas

Wed 2/26

2:55 pm-6:20 pm

2 stops33h 25m

$821

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Wed 3/12

3:19 am-10:35 pm

1 stop13h 16m

$524

Panama CityMadrid

PTY - MAD

PTYMAD

Panama City Tocumen Intl

Tue 2/4

9:23 am-12:35 pm

2 stops45h 12m

$530

Flights are sorted by cheapest round-trip flights first.

Deals found on 1/19

Showing 1-10 of 13 results
1
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Compare providers for flights from Panama City to Madrid

Provider information is updated monthly. Please note that these providers often have deals for this flight, but the availability may vary on a day-by-day basis on Cheapflights.
Use the table below to compare price accuracy, trust ratings, and cancellation policies for each provider offering flight deals from Panama City to Madrid in January.
ProviderPrice AccuracyTrust Score*
eDreamsPrice Accuracy3 starsTrust Score*3 stars
FlightHubPrice Accuracy3 starsTrust Score*3 stars
GotogatePrice Accuracy2 starsTrust Score*2 stars
SmartFaresPrice Accuracy1 starTrust Score*3 stars
MytripPrice Accuracy3 starsTrust Score*3 stars
Justfly.comPrice Accuracy3 starsTrust Score*3 stars
FlightnetworkPrice Accuracy2 starsTrust Score*1 star

*The Trust Score is based on feedback from users after their booking experience. It measures overall satisfaction, helping us identify issues like hidden fees, problems during the ticketing process, and the quality of customer service. This score is our best indicator of the provider's quality and reliability.

  • Most accurate provider: When it comes to deals on Panama City-Madrid flights, users find the pricing of FlightHub to be most consistent on Cheapflights vs. FlightHub Users can find the same prices on Panama City-Madrid flight deals on Cheapflights vs. FlightHub >95% of the time. Price accuracy is based on data collected from Panama City-Madrid flight searches over the past month and is updated monthly.
  • Most trusted provider: When it comes to deals on Panama City-Madrid flights, Cheapflights users trust FlightHub the most. FlightHub has received a user feedback score of 3 out of 3 stars (3 being the best), meaning they have been trusted the most by Cheapflights users looking for Panama City-Madrid flight deals. Provider user feedback score is based on Cheapflights searches over the past month and is updated monthly.

Best time to book a flight from Panama City to Madrid

Have a flexible travel schedule? Discover the best time to fly to Madrid from Panama City 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 City to Madrid

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

How far ahead should I book a flight from Panama City to Madrid?

Use this chart to determine the optimal time to book a round-trip flight from Panama City to Madrid. Price data was last updated on January 17, 2025.

The price you pay for your flight from Panama City to Madrid may vary depending on when you book. For the best chance of a lower fare, look to book 39 days in advance of your trip. Fares are likely to increase a fortnight or so before your departure date.

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

Currently, November is the cheapest month in which you can book a flight from Panama City to Madrid (average of $543). Flying from Panama City to Madrid in June is currently the most expensive (average of $1,132). 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 PTY to MAD?

Find hourly flight availability from Panama City 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 20, 2025.

When flying from Panama City to Madrid, the time of day you fly usually plays a role in the price. Save by searching for a flight in the morning, which can drop the price by up to 19% versus a flight at noon.

What is the cheapest day to fly from Panama City to Madrid?

Use this chart to determine the cheapest time to fly round-trip from Panama City to Madrid. Price data was last updated on December 16, 2024.

Travelers seeking maximum savings on their Panama City to Madrid flight should consider departing on Sunday mornings when fares are most often at their lowest. Thursday at noon flights should be avoided if possible as fares are typically the most expensive at this time.

Weekly flight availability from Panama City to Madrid

Explore weekly flight availability from Panama City to Madrid. Discover flights operating on different days of the week, giving you the flexibility to choose a travel day that best fits your plans. Compare info to find the most convenient option for your journey. Data last updated January 20, 2025.

The most flights from PTY to MAD are scheduled on a Wednesday (14 on average). You will have fewer flight options on Monday, which is when the least amount of flights are scheduled (4 on average).

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 20, 2025.
See what other customers who have flown with Air Europa, Air France and Iberia from Panama City to Madrid have to say. Users have also rated airlines in terms of entertainment options, comfort, food, crew/service, and boarding process.
KLM
7.8
Good
1,341 reviews

Crew

8.4

Entertainment

7.2

Food

7.3

Boarding

7.8

Overall

7.8

Comfort

7.7

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
1,341 reviews
KLM
7.8
Good
1,341 reviews

Crew

8.4

Entertainment

7.2

Food

7.3

Boarding

7.8

Overall

7.8

Comfort

7.7

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
1,490 reviews
KLM
7.8
Good
1,341 reviews

Crew

8.4

Entertainment

7.2

Food

7.3

Boarding

7.8

Overall

7.8

Comfort

7.7

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
8,982 reviews
KLM
7.8
Good
1,341 reviews

Crew

8.4

Entertainment

7.2

Food

7.3

Boarding

7.8

Overall

7.8

Comfort

7.7

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
3,931 reviews
KLM
7.8
Good
1,341 reviews

Crew

8.4

Entertainment

7.2

Food

7.3

Boarding

7.8

Overall

7.8

Comfort

7.7

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.

Iberia
7.0
Good
2,646 reviews
KLM
7.8
Good
1,341 reviews

Crew

8.4

Entertainment

7.2

Food

7.3

Boarding

7.8

Overall

7.8

Comfort

7.7

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 City to Madrid. Access travel guides, tips, and recommendations to enhance your travel experience. Get information about local attractions, weather, transportation options, and more.

  • What airports do I use to fly from Panama City to Madrid?

    Madrid Barajas is the airport most travelers will use when flying to Madrid from Panama City Tocumen Intl. Booking flights from Tocumen Intl (PTY) to Barajas (MAD) should be relatively easy as there are 7 daily flights to Madrid from 7 different airlines. 9h 35m is how long a flight from Panama City to Madrid Barajas will take if you book a nonstop flight.

  • How popular is this Panama City to Madrid flight route?

    This flight path from Panama City Tocumen Intl to Madrid Barajas was viewed by 18 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 flying from Panama City to Madrid round-trip?

    Air Europa, at $661, was found to be the cheapest airline from Panama City to Madrid.Alternate airlines to your destination round-trip include Iberia and United Airlines. Air Europa is 13% cheaper than the average price of flights available within the next 90 days to this destination.

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

    One-way options have recently been found by users for as low as $524 on Avianca. Other airlines that offer cheap prices include Turkish Airlines from $551 and Air Europa from $666 one-way.

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

    Looking for the most reliable airlines to get you to your destination on time? Our data shows these are most likely to get you from Panama City to Madrid on time: Air Europa (81%), Etihad Airways (77%), Copa Airlines (63%).

  • What are the cheapest flights from Panama City to Madrid?

    Looking for the cheapest flight from Panama City to Madrid? While on average our users pay $1,114, our data indicates the cheapest price to be $478. The most popular route (Panama City Tocumen Intl - Madrid Barajas), is priced around $666.

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

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

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

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

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

    Yes. Cheapflights offers flight deals from Panama City 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 City to Madrid?

    Currently, November is the cheapest month in which you can book a flight from Panama City to Madrid (average of $543). Flying from Panama City to Madrid in June is currently the most expensive (average of $1,132). 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

Traveling to a place near Panama City?

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Top 7 airlines flying from Panama City to Madrid

Discover the top 7 airlines that operate flights from Panama City 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 20, 2025.
AirlineCheapestAverageFlexibilityOn-time
AviancaCheapest$543Average$619FlexibilityNo cancel feeOn-time71%
United AirlinesCheapest$601Average$737FlexibilityNo cancel feeOn-time69%
Air EuropaCheapest$613Average$773FlexibilityNo cancel feeOn-time83%
IberiaCheapest$629Average$818FlexibilityNo cancel feeOn-time77%
KLMCheapest$633Average$803FlexibilityNo cancel feeOn-time75%
Air FranceCheapest$666Average$776FlexibilityNo cancel feeOn-time77%
Turkish AirlinesCheapest$728Average$757FlexibilityNo cancel feeOn-time77%
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