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Cheap flight deals from Madrid to Panama City Starting at $339

For as little as $339, you can take your next adventure to Panama City without breaking the bank. Choose between one-way and return tickets from Madrid below.

  • One way
  • Round-trip
      • Cheapest nonstop
        MAD03:10 pm
        10h 35m
        Nonstop
        PTY07:45 pm
        Wed, Feb 12|Madrid - Panama City|Air Europa
        $339$499
        32% OFF
        32% OFF
        $499$339

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Wed, Feb 12, arriving at Tocumen International Airport. One-way Prices start from $339 including taxes and charges.

      • MAD03:10 pm
        10h 35m
        Nonstop
        PTY07:45 pm
        Fri, Feb 21|Madrid - Panama City|Air Europa
        $339$499
        32% OFF
        32% OFF
        $499$339

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Fri, Feb 21, arriving at Tocumen International Airport. One-way Prices start from $339 including taxes and charges.

      • MAD03:10 pm
        10h 35m
        Nonstop
        PTY07:45 pm
        Wed, Feb 19|Madrid - Panama City|Air Europa
        $339$499
        32% OFF
        32% OFF
        $499$339

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Wed, Feb 19, arriving at Tocumen International Airport. One-way Prices start from $339 including taxes and charges.

      • MAD03:10 pm
        10h 35m
        Nonstop
        PTY07:45 pm
        Mon, Feb 10|Madrid - Panama City|Air Europa
        $341
        $341

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Mon, Feb 10, arriving at Tocumen International Airport. One-way Prices start from $341 including taxes and charges.

      • MAD03:10 pm
        10h 35m
        Nonstop
        PTY07:45 pm
        Fri, Feb 7|Madrid - Panama City|Air Europa
        $342
        $342

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Fri, Feb 7, arriving at Tocumen International Airport. One-way Prices start from $342 including taxes and charges.

      • MAD03:10 pm
        10h 35m
        Nonstop
        PTY07:45 pm
        Sun, Feb 9|Madrid - Panama City|Air Europa
        $356
        $356

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Sun, Feb 9, arriving at Tocumen International Airport. One-way Prices start from $356 including taxes and charges.

      • MAD03:10 pm
        10h 35m
        Nonstop
        PTY07:45 pm
        Mon, Feb 24|Madrid - Panama City|Air Europa
        $357
        $357

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Mon, Feb 24, arriving at Tocumen International Airport. One-way Prices start from $357 including taxes and charges.

      • MAD03:10 pm
        10h 35m
        Nonstop
        PTY07:45 pm
        Tue, Feb 25|Madrid - Panama City|Air Europa
        $357
        $357

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Tue, Feb 25, arriving at Tocumen International Airport. One-way Prices start from $357 including taxes and charges.

      • MAD03:05 pm
        10h 35m
        Nonstop
        PTY06:40 pm
        Tue, Apr 1|Madrid - Panama City|Air Europa
        $373
        $373

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Tue, Apr 1, arriving at Tocumen International Airport. One-way Prices start from $373 including taxes and charges.

      • MAD03:05 pm
        10h 35m
        Nonstop
        PTY06:40 pm
        Wed, Apr 2|Madrid - Panama City|Air Europa
        $373
        $373

        Choose Air Europa flights from Madrid to Panama City. The one-way direct flight with Air Europa departs from Madrid Barajas Airport on Wed, Apr 2, arriving at Tocumen International Airport. One-way Prices start from $373 including taxes and charges.

      • MAD01:00 pm
        3h 5m
        Nonstop
        PTY02:00 pm
        Thu, Jan 30|Madrid - Panama City|Air Europa
        Find More Flights
        Find More Flights

Crossed out prices are calculated based on the average price of the corresponding route on Trip.com.

Madrid to Panama City flight time & flight schedules

Flight info.
Departure
Arrival
Weekly Schedule

  1. AV047

    avianca

    01:30 am

    MAD

    10.5h

    05:00 am

    BOG

    SMTWTFS
    Search

  2. AV696

    avianca

    08:00 am

    BOG

    2.3h

    09:20 am

    SJO

    SMTWTFS

  3. AV643

    avianca

    10:15 am

    SJO

    1.3h

    12:35 pm

    PTY

    SM-WTFS

  4. PU231

    Plus Ultra Lineas Aereas

    02:45 pm

    MAD

    10.6h

    07:20 pm

    BOG

    ---W---
    Search

  5. CM414

    Copa Airlines

    06:17 pm

    BOG

    1.8h

    08:06 pm

    PTY

    SMTWTFS

  6. PU221

    Plus Ultra Lineas Aereas

    02:55 pm

    MAD

    10.5h

    06:25 pm

    BOG

    S-T--F-
    Search

  7. AV060

    avianca

    02:40 pm

    BOG

    1.8h

    04:30 pm

    PTY

    SMTWTFS

  8. UX055

    Air Europa

    03:05 pm

    MAD

    10.6h

    Nonstop

    06:40 pm

    PTY

    SMT-TFS
    Search

  9. UX1065

    Air Europa

    07:40 am

    MAD

    2.1h

    09:45 am

    MXP

    SMTWTFS
    Search

  10. TK1876

    Turkish Airlines

    08:10 pm

    MXP

    3.1h

    12:15 am

    IST

    SMTWTFS

  11. TK900

    Turkish Airlines

    09:40 am

    IST

    16.7h

    06:20 pm

    PTY

    -M-----

  12. W46014

    Wizz Air Malta

    08:30 pm

    MAD

    2.5h

    11:00 pm

    FCO

    S-TWTFS
    Search

  13. TK1362

    Turkish Airlines

    07:00 am

    FCO

    2.8h

    10:45 am

    IST

    SMTWTFS

  14. TK903

    Turkish Airlines

    02:10 pm

    IST

    13.9h

    08:05 pm

    PTY

    --T-T-S

  15. W46312

    Wizz Air Malta

    09:15 am

    MAD

    2.3h

    11:30 am

    MXP

    S--WTFS
    Search

  16. TK1878

    Turkish Airlines

    06:50 am

    MXP

    3.0h

    10:50 am

    IST

    SMTWTFS

  17. TK903

    Turkish Airlines

    02:10 pm

    IST

    13.9h

    08:05 pm

    PTY

    --T-T-S

  18. W46312

    Wizz Air Malta

    09:15 am

    MAD

    2.3h

    11:30 am

    MXP

    S--WTFS
    Search

  19. TK1876

    Turkish Airlines

    08:10 pm

    MXP

    3.1h

    12:15 am

    IST

    SMTWTFS

  20. TK800

    Turkish Airlines

    09:40 am

    IST

    16.7h

    06:20 pm

    PTY

    --T-T-S

  21. W46012

    Wizz Air Malta

    09:40 am

    MAD

    2.5h

    12:10 pm

    FCO

    SMTWTFS
    Search

  22. TK1362

    Turkish Airlines

    07:00 am

    FCO

    2.8h

    10:45 am

    IST

    SMTWTFS

  23. TK903

    Turkish Airlines

    02:10 pm

    IST

    13.9h

    08:05 pm

    PTY

    --T-T-S

  24. IB673

    Iberia

    11:30 am

    MAD

    2.2h

    01:40 pm

    MXP

    SMTWT--
    Search

  25. TK1876

    Turkish Airlines

    08:10 pm

    MXP

    3.1h

    12:15 am

    IST

    SMTWTFS

  26. TK801

    Turkish Airlines

    09:10 am

    IST

    17.2h

    06:20 pm

    PTY

    S--W-F-
Find more flights and airlines

When is the cheapest time to fly from Madrid to Panama City?

Explore the best time to buy affordable tickets to Panama City with our price trend chart, which predicts how flight prices will change in the coming weeks from previous data.

Displayed prices are calculated based on the cheapest average weekly prices of the corresponding route on Trip.com.

Frequently Asked Questions

  • When are flight tickets from Madrid (MAD) to Panama City (PTY) the cheapest?

    Airlines adjust prices for flights from Madrid to Panama City based on the departure date and time of your selection. By analyzing data from all airlines, we've discovered that on Trip.com, you can find the lowest flight prices on Tuesdays, Wednesdays, and Saturdays.

  • How much do flights from Madrid (MAD) to Panama City (PTY) cost?

    According to Trip.com's data, the lowest price is around $989.

  • How long does it take to fly from Madrid (MAD) to Panama City (PTY) and what is the distance?

    It takes around 10 hours 47 minutes to fly from Madrid (MAD) to Panama City (PTY).

  • What is the transportation method from the main airport to downtown in Panama City?

    • The distance from Tocumen International Airport to downtown is about 16 km. It takes about 30 minutes by taxi.
    • The distance from Albrook "Marcos A. Gelabert" International Airport to downtown is about 5 km. It takes about 20 minutes by taxi.

  • What are the most popular airlines that fly from Madrid (MAD) to Panama City (PTY)?

    Airlines with flights from Madrid (MAD) to Panama City (PTY): Air Europa, Copa Airlines, Iberia, Qatar Airways, British Airways, Etihad Airways, El Al and China Eastern Airlines.

How to find a cheap flight from Madrid to Panama City

Understanding the common pitfalls when booking your flight tickets can help you save massively when it comes time to fly. We’ve listed our six essential steps to keep in mind when you’re booking flight tickets to help you find the best price.
1
Book Early
Once prices are gone, they're gone. Lock in deals while you can!
2
Compare Flight Prices
Compare prices on travel agency and airline websites.
3
Look Out for Deals
Check airline and travel agency websites for latest flight deals
4
Check One-way Fares
Buying two cheap one-way flights can sometimes be a better deal than a round-trip.
5
Try Different Dates
Flying during the week, early in the morning, or late at night can help save money.
6
Use the Trip.com App
Save up to £10 per person when booking your flights on Trip.com

Flight Info | Madrid to Panama City

Cheapest nonstop flight price$339
Cheapest round-trip ticket price$524
Off-season for travelJanuary
Peak season for travelOctober
Flight distance8,177.05 km
Average flight time10 hours 47 minutes
Popular airlineavianca

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