Cheap flight deals from Madrid to Panama City

We've found these cheap flights for you. You can book one-way or round-trip flight tickets.

Round-trip
One way

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

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

We monitor flight fares to help you find the best deals effortlessly

Cheapest flights

From price

Apr

30 6
6 13
13 20
20 27
May

27 4
4 11
11 18
18 25
Jun

25 1
1 8
8 15
15 22

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 $1,015.
How long does it take to fly from Madrid (MAD) to Panama City (PTY) and what is the distance?

It takes around 10 hours 37 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

Wait until the last minute and flight costs are often sky-high. Plan ahead, book the right way, and your savings can soar. We have loads of saving tips to help you find a cheap flight from Madrid to Panama City. Book your flights at the right time and save more.

Be flexible with your travel dates to get the cheapest Madrid to Panama City ticket.

Tap "Date" in the flight search bar to browse the calendar and find airfare from Madrid to Panama City for the next six months in 2025. If you're looking to fly within the next three months, the lowest fare is $362 for a one-way ticket on Sun, May 11.

Compare cheap Madrid to Panama City flight deals from hundreds of airlines.

Our powerful search system compares prices from over 500 airlines. So you can find the cheapest flights from Madrid to Panama City. The most affordable airline currently operating on this route is Air Europa.

Set up a Price Alert to track fare drops.

Set up a Price Alert for your Madrid to Panama City route to track ticket prices effortlessly—no need to check manually every day.

Don't miss out on cheap Madrid to Panama City flight deals and promo codes.

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Book early or wait unitl the last minute to fine the best fares.

It's always better to book early! Airlines typically release their lowest fares about a year before departure, so check as soon as flights become available. If you miss that window, you may still find great deals closer to your travel date.

Search for flights on the go.

For the best booking experience on the go, download Trip.com and search for cheap flights from Madrid to Panama City to access exclusive deals just for you.

Flight Info | Madrid to Panama City

Cheapest one-way flight price	$360
Cheapest round-trip ticket price	$521
Off-season for travel	May
Peak season for travel	December
Flight distance	8,177.05 km
Average flight time	10 hours 37 minutes
Popular airline	avianca