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MAD - PTY

$330 Find cheap flights from Madrid to Panama City

This is the cheapest one-way flight price found by a KAYAK user in the last 72 hours by searching for a flight from Madrid to Panama City departing on 5/21. Fares are subject to change and may not be available on all flights or dates of travel. Click the price to replicate the search for this deal.
1 adult
0 bags
Sat 5/25
Sat 6/1

Search hundreds of travel sites at once for deals on flights to Panama City

 
These are the airlines KAYAK users have selected most often from within our search results in flight searches from Madrid to Panama City, as well as popular online travel agencies
These are the airlines KAYAK users have selected most often from within our search results in flight searches from Madrid to Panama City, as well as popular online travel agencies
In the last 7 days travelers have searched 44,979,812 times on KAYAK, and here is why:

Save 22% or moreCompare multiple travel sites with one search.

Track pricesNot ready to book? Create a price alert for when prices drop.

Filter your dealsChoose cabin class, free Wi-Fi and more.

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Cheap flight deals from Madrid to Panama City (MAD-PTY)

Here are some of the best deals found on KAYAK recently from the most popular airlines for round-trip flights from Madrid to Panama City that are departing in the next months. While these flights were available on KAYAK in the last 72 hours, prices and availability are subject to change and deals may expire.
Discover the best prices and deals for you by selecting your travel dates.
Choose your dates
6:00 am - 4:50 pmMAD-PTY
17h 50m1 stop
7:45 pm - 7:20 pmPTY-MAD
16h 35m1 stop
Thu, May 16 - Tue, Jul 2
8:20 pm - 5:45 pmMAD-PTY
28h 25m2 stops
7:45 pm - 4:55 pmPTY-MAD
14h 10m1 stop
Fri, May 17 - Tue, Jul 2
11:45 am - 3:40 pmMAD-PTY
10h 55mnonstop
5:20 pm - 10:20 amPTY-MAD
10h 00mnonstop
$618Iberia
Find Deal
Sun, May 19 - Wed, May 29
11:45 am - 3:30 pmMAD-PTY
10h 45mnonstop
5:10 pm - 10:20 amPTY-MAD
10h 10mnonstop
$629Iberia
Find Deal
Sat, Jul 6 - Sat, Jul 20
3:05 pm - 6:40 pmMAD-PTY
10h 35mnonstop
8:25 pm - 1:15 pmPTY-MAD
9h 50mnonstop
$646Air Europa
Find Deal
Mon, May 20 - Wed, May 29
3:05 pm - 6:40 pmMAD-PTY
10h 35mnonstop
8:25 pm - 1:15 pmPTY-MAD
9h 50mnonstop
$647Air Europa
Find Deal
Fri, May 24 - Mon, May 27
10:05 am - 5:45 pmMAD-PTY
14h 40m1 stop
7:45 pm - 11:10 pmPTY-MAD
20h 25m1 stop
$705Air France
Find Deal
Mon, Sep 16 - Tue, Sep 24
8:20 pm - 4:50 pmMAD-PTY
27h 30m1 stop
6:50 pm - 4:25 pmPTY-MAD
14h 35m1 stop
$734KLM
Find Deal
Thu, May 16 - Wed, Jul 3
10:05 am - 5:45 pmMAD-PTY
14h 40m1 stop
3:31 pm - 4:55 pmPTY-MAD
18h 24m2 stops
$825Air France
Find Deal
Sun, May 19 - Wed, May 29
6:00 am - 5:45 pmMAD-PTY
18h 45m2 stops
6:50 pm - 11:25 pmPTY-MAD
21h 35m1 stop
$860KLM
Find Deal
Mon, Aug 26 - Sun, Sep 8

Flights from Madrid to Panama City - Travel Insights & Trends

Get data-powered insights and trends into flights from Madrid to Panama City to help you find the cheapest flights, the best time to fly and much more.

What’s the cheapest day of the week to fly from Madrid to Panama City?

The average price of all flights from Madrid to Panama City clicked on KAYAK for each day over the last 12 months.
When flying from Madrid to Panama City, you should consider leaving on a Tuesday and avoid Saturdays if you are looking for the best rates. For your return to Madrid, you’ll find the best rates on Mondays and the most expensive ones on Saturdays.

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

To calculate monthly average prices, KAYAK takes all prices for each month over the last year for flights from Madrid to Panama City, removes the top 0.1% to account for outliers, and then takes the median of all values for each month.
The cheapest month for flights from Madrid to Panama City is October, where tickets cost $699 on average. On the other hand, the most expensive months are August and July, where the average cost of tickets is $1,071 and $971 respectively.

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

To calculate daily average prices, KAYAK takes all prices for each day before departure over the last year for flights from Madrid to Panama City, removes the top 0.1% to account for outliers, and then takes the average of all the values for each month.
To get a below average price on the flight from Madrid to Panama City, you should book around 4 days before departure. For the absolute cheapest price, our data suggests you should book 24 days before departure.

Which airlines provide the cheapest flights from Madrid to Panama City?

The cheapest price for the route for each airline clicked by KAYAK users in the last 72 hours.
In the last 72 hours, the cheapest one-way ticket from Madrid to Panama City found on KAYAK was with Air Europa for $330. Iberia proposed a round-trip connection from $618 and Air Europa from $646.

Which airlines fly non-stop between Madrid and Panama City?

Airline and price data is aggregated from results in KAYAK’s search results from the last 2 weeks for flights from Madrid to Panama City.
There are 2 airlines that fly nonstop from Madrid to Panama City. They are Air Europa and Iberia. The cheapest airline for this route is Air Europa, with the best one-way deal found costing $627. On average, the best prices for this route can be found at Air Europa.

How many flights are there between Madrid and Panama City per day?

Each day, there are between 1 and 3 nonstop flights that take off from Madrid and land in Panama City, with an average flight time of 10h 40m. The most common departure time is 3:00 pm and most flights take off in the afternoon. Each week, there are 16 flights. The most frequent day of departure is Sunday, when 19% of all weekly flights depart. The fewest flights depart on a Saturday.

Which cabin class options are there for flights between Madrid and Panama City?

The average price of flights for each cabin class for the route found by users searching on KAYAK over the last 2 weeks.
There are 2 cabin class options for the route. These are Business and Economy. Perform a search on KAYAK to find the latest prices and availability for all cabin fares, which differ across airlines.

How long does a flight from Madrid to Panama City take?

The average nonstop flight takes 10h 35m, covering a distance of 5,065 miles.

What’s the earliest departure time from Madrid to Panama City?

Early birds can take the earliest flight from Madrid at 11:45 am and will be landing in Panama City at 3:40 pm.

What’s the latest departure time from Madrid to Panama City?

If you prefer to fly at night, the latest flight from Madrid to Panama City jets off at 3:05 pm and lands at 6:40 pm.

Good to know

Low season

May

High season

December

Cheapest flight

$330
Best time to beat the crowds with an average 7% drop in price.
Most popular time to fly with an average 17% increase in price.
Flight from Madrid to Panama City

When to book flights from Madrid to Panama City

Are your dates flexible? Find out the best times to travel from Madrid to Panama City based on our flight data from the last year. Discover the cheapest month and even day to fly.
Estimated round-trip price
KAYAK looks at all historical flight data for each date to provide a predicted price for one-way trips or round-trips with a duration up to 40 days. While we try to provide actual minimum prices for each date, some prices are predictions and actual prices may differ.

FAQs for booking flights from Madrid to Panama City

  • What is the cheapest flight from Madrid to Panama City?

    In the last 3 days, the lowest price for a flight from Madrid to Panama City was $330 for a one-way ticket and $565 for a round-trip.

  • Do I need a passport to fly between Madrid and Panama City?

    Yes, you'll most likely have to show a valid passport before boarding the plane in Madrid and on arrival in Panama City.

  • Which airports will I be using when flying from Madrid to Panama City?

    Madrid airport is called Madrid Barajas and the only airport in Panama City is Panama City Tocumen Intl.

  • Which airlines offer Wi-Fi service onboard planes from Madrid to Panama City?

    Only Iberia offers inflight Wi-Fi service on the Madrid to Panama City flight route.

  • Which aircraft models fly most regularly from Madrid to Panama City?

    The Boeing 787-9 Dreamliner is the aircraft model that flies most regularly on the Madrid to Panama City flight route.

  • Which airline alliances offer flights from Madrid to Panama City?

    oneworld, Star Alliance, and SkyTeam are the airline alliances operating flights between Madrid and Panama City, with oneworld being the most commonly used for this route.

  • On which days can I fly direct from Madrid to Panama City?

    There are nonstop flights from Madrid to Panama City on a daily basis.

  • Which is the best airline for flights from Madrid to Panama City, Iberia or Air Europa?

    The two airlines most popular with KAYAK users for flights from Madrid to Panama City are Iberia and Air Europa. With an average price for the route of $821 and an overall rating of 7.1, Iberia is the most popular choice. Air Europa is also a great choice for the route, with an average price of $783 and an overall rating of 7.0.

  • How does KAYAK find such low prices on flights from Madrid to Panama City?

    KAYAK is a travel search engine. That means we look across the web to find the best prices we can find for our users. With over 2 billion flight queries processed yearly, we are able to display a variety of prices and options on flights from Madrid to Panama City.

  • How does KAYAK's flight Price Forecast tool help me choose the right time to buy my flight ticket from Madrid to Panama City?

    KAYAK’s flight Price Forecast tool uses historical data to determine whether the price for a flight to Panama City from Madrid is likely to change within 7 days, so travelers know whether to wait or book now.

  • What is the Hacker Fare option on flights from Madrid to Panama City?

    Hacker Fares allow you to combine one-way tickets in order to save you money over a traditional round-trip ticket. You could then fly to Panama City with an airline and back to Madrid with another airline. Booking your flights between Madrid and PTY can sometimes prove cheaper using this method.

  • What is KAYAK's "flexible dates" feature and why should I care when looking for a flight from Madrid to Panama City?

    Sometimes travel dates aren't set in stone. If your preferred travel dates have some wiggle room, flexible dates will show you all the options when flying to Panama City from Madrid up to 3 days before/after your preferred dates. You can then pick the flights that suit you best.

See more FAQs

Top tips for finding a cheap flight from MAD to Panama City

  • Looking for a cheap flight? 25% of our users found flights on this route for $381 or less one-way and $882 or less round-trip.

Prefer to fly non-stop from Madrid to Panama City?

Find which airlines fly direct from Barajas to Tocumen Intl, which days they fly and book direct flights.

Nonstop departures

Madrid Barajas to Panama City Tocumen Intl

Monday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

Tuesday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Wednesday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

Thursday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Friday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Saturday

British Airways, Copa Airlines, EL AL, +3 more

British Airways, Copa Airlines, +4 more

Sunday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

See more direct flights

Nonstop returns

Panama City Tocumen Intl to Madrid Barajas

Monday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

Tuesday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Wednesday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

Thursday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Friday

Air Europa, Copa Airlines

Air Europa, Copa Airlines

Saturday

British Airways, Copa Airlines, EL AL, +3 more

British Airways, Copa Airlines, +4 more

Sunday

Air Europa, British Airways, Copa Airlines, +3 more

Air Europa, British Airways, +4 more

See more direct flights
See more direct flights

Top 3 airlines serving from Madrid to Panama City

 
See real verified KAYAK customer reviews for airlines flying from Madrid to Panama City. Airline scores are aggregated from all reviews left by passengers on KAYAK after flying with an airline. KAYAK doesn’t show reviews that are older than 5 years. Learn how KAYAK collects reviews.
Need help choosing which airline to fly with from Madrid to Panama City? KAYAK airline reviews give an overall score for each airline based on loads of factors, including comfort, boarding, in-flight entertainment and more, to make your decision easier. See airline scores according to verified KAYAK customer reviews.
7.4
United AirlinesOverall score based on 11255 reviews
8.1crew
7.2comfort
7.7boarding
7.1entertainment
6.7food
Airline reviews

Packed in like sardines, very uncomfortable. Sitting the aisle my shoulder was rammed into numerous times by rushing flight attendants. Also flight was very cold.

6.0 GoodMatthew, Apr 2024SFO - EWR
Read more about United Airlines reviews

Packed in like sardines, very uncomfortable. Sitting the aisle my shoulder was rammed into numerous times by rushing flight attendants. Also flight was very cold.

one hour to board connecting flight from frankfurt trying to beat the far Z gate and with immigration of USA ppus waited for delayed boarding in gare for an hour and fly half gour late worst transit im frankfurt this airlines are for profit passengers are victim of dysfunctional airline frankfurt so crowded restroom are too small

Love flying United have being using United for over 12 years and always delivers value.

I got upgraded, so comfort was not an issue. But as always, it is the people from baggage handlers, flight attendants, pilots etc. that make the difference.

Couldn’t get the tv screen to work, didn’t try food, so no comment

Seats were very comfortable and everything was in good working order. Crew was disengaged to the point of being rude.

A lot of room for improvement; delayed boarding and take off, room in a seat…horrible. I was seated by a larger person and had no room to rest my elbows, not to mention her body was partially sitting on my seat. The food was quite poor this time as well. Bathrooms half way down the flight- disgusting….

Wi-Fi was not working. Boarding lanes were a mess.

Good flight I loved the 2,3 ,2 seating.Staff were excellent plenty of food and drinks

Packed so tightly, some rows didn't even have their own windows. Flight delayed 20+ minutes because of mechanical issue. Offered odd, unappetizing snacks that I couldn't eat anyway because I'd have to be bonkers to take off my N95 mask on a plane that crowded. Could barely move in my own seat. Subjected to a credit card offer, underlining the Atlantic article I read the other day about how U.S. airlines are now basically just banks that happen to offer some mediocre transportation services. The one saving grace is that the flight arrival was delayed much less than the takeoff issues would have suggested. Also, the security area at O'Hare Terminal 1 has been made utterly hideous. I feel so, so sorry for that out-of-place dinosaur fossil. Set it free from its ugly prison.

Iberia personnel on the ground is so rude. I would think twice in the future before booking another Iberia flight

Seats, comfort level ugh. Crew was not attentive, only to coach

All corners have been cut and it’s a cheap experience that no longer is distinguished from most other cheap airlines

The entertainment system got stuck in the ABBA music channel. The headsets were not loud enough. My pre purchased aisle seat was not honoured

it would good to have at least something to drink...

I can’t comment on food as it was necessary to buy it. No entertainment.

Everything was fantastic except the Iberia website and app… they left a lot of questions and induced much stress. But once on the plane, all was awesome.

Premium economy class is pathetic. Rubbed shoulders with passenger next to me all flight. Only about 20 passengers in that class but they ran out of one food option shortly after started serving the main meal. Flight attendant was curt and acted annoyed when asked any questions.

My flight with I berira was okay byt the lost my bags I still dont have them also the transit flight was so no comfortable so I dont think will go with them throught and transit flight again

Iberia is an excellent airline, I spent years flying with them and I recommend them 100×100, both locally and internationally.

Very BAD crew service They ignore at all any call for service . Very rude from the check in process to all the tripularion members in the fight .

Extremely efficient and incredibly friendly staff. Very organized to board and to de-plane. They were all very attentive during the flight.

The flight, the staff and the airplane were all fantastic. I highly recommend.

Boarding, crew and flight were very smooth and efficient. It was a bit difficult to understand the announcements on board, but it is a minor thing. What was quite bad was the very long time it took to retrieve the luggage at the Frankfurt airport.

Service on plane was appalling. Cabin crew did not want to help with anything. Window darkening screen did not work so we had to sit in the sun for a few hours until it went down. TV screen did not work and cabin crew just shrugged their shoulders and did not care. We waited for over 2 hours for headphones so we could try watch one screen between 2 people. We had to go to back of plane to request basic water as crew never responded to call request. Will be letting many others know to warn them off ever using Air Europa. Total disaster of their own making

Terrible app. Working off paper stickies for seat reservations doesn’t work anymore.

I like Air Europa in the way you make passengers feel important, well attended the whole trip.!It was first time in your company and hope I can repeat this experience many more times!

Place above head to place the rucksack in is smaller than in other planes, so it needed to be located under the front seat.

Great experience, I just wish airline seats were more comfortable in general.

Onboarding process and crew was excellent and efficient, Information display was great. Keep on the good work and same standard. Nothing to change.

Book cheap flights from Madrid to Panama City

Recent one-way flight deals

 
Only flying one-way? Below are some of the best one-way flight deals from Madrid to Panama City found on KAYAK in the last 72 hours.
5/21Tue
nonstopAir Europa
10h 35mMAD-PTY
$330
5/6Mon
nonstopAir Europa
10h 35mMAD-PTY
$337
5/22Wed
nonstopIberia
10h 55mMAD-PTY
$342
5/21Tue
3 stops
32h 45mMAD-PTY
$423
5/5Sun
1 stopAvianca
15h 40mMAD-PTY
$482
5/5Sun
1 stopAvianca
15h 40mMAD-PTY
$483
5/20Mon
2 stops
22h 11mMAD-PTY
$522
6/11Tue
1 stopKLM
17h 50mMAD-PTY
$584
8/13Tue
2 stopsKLM
18h 45mMAD-PTY
$859
7/22Mon
nonstopIberia
10h 45mMAD-PTY
$2,755

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Last minute flights from Madrid to Panama City

Last minute flight, train and bus deals

 
These last-minute flight deals are the cheapest flights found on KAYAK in the last 72 hours for flights from Madrid to Panama City that are departing in the next 10 days.
4/27Sat
nonstopIberia
10h 55mMAD-PTY
4/28Sun
nonstopIberia
10h 00mPTY-MAD
$829
4/27Sat
nonstopIberia
10h 55mMAD-PTY
4/28Sun
multi-stopIberia
15h 40mPTY-MAD
$945
4/27Sat
multi-stopTurkish Airlines
19h 25mMAD-PTY
5/11Sat
multi-stopTurkish Airlines
32h 40mPTY-MAD
$1,012
4/27Sat
nonstop
10h 55mMAD-PTY
4/28Sun
multi-stop
23h 00mPTY-MAD
$1,043
4/27Sat
multi-stopTurkish Airlines
19h 25mMAD-PTY
5/11Sat
multi-stopTurkish Airlines
36h 25mPTY-MAD
$1,052
4/26Fri
multi-stop
22h 00mMAD-PTY
4/28Sun
nonstop
10h 00mPTY-MAD
$1,114
4/27Sat
nonstop
10h 55mMAD-PTY
4/28Sun
multi-stop
28h 19mPTY-MAD
$1,186
4/26Fri
multi-stop
22h 00mMAD-PTY
4/28Sun
multi-stop
33h 15mPTY-MAD
$1,242
4/26Fri
multi-stop
18h 52mMAD-PTY
4/28Sun
multi-stop
29h 05mPTY-MAD
$1,309
4/27Sat
multi-stopUnited Airlines
20h 11mMAD-PTY
4/28Sun
multi-stopUnited Airlines
18h 05mPTY-MAD
$1,394

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Madrid - Panama City Flights

Departure:

Madrid (MAD)Spain

Destination:

Panama City (PTY)Panama

Return flight deals:

Panama City - Madrid

Cabin classes:

$2,748
$711

Browse origins:

  • Flights » 
  • Madrid

Browse destinations:

  • Flights » 
  • Worldwide » 
  • Panama City