$396+ Cheap flights from Madrid, Spain (MAD) to Panama City (PTY)
This is the cheapest round-trip flight price found by a Cheapflights user in the last 72 hours by searching for a flight departing on 2/7. Fares are subject to change and may not be available on all flights or dates of travel.
MAD — PTY
Dec 10 — Dec 171
Round-trip
1 adult, Economy
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Find cheap flights from Madrid to Panama City with Cheapflights
1. Tell us where you want to go
Enter your travel information like dates, passengers, trip type (one-way or round trip), and preferred cabin class then click “Find deals”2. Select your favorite providers
We find the providers serving your travel needs. Choose up to four travel providers to compare side-by-side for flights, hotels, or car rentals.3. Compare prices and book
Review each provider’s pricing and select the best option for you! Book through your favorite provider’s website for a seamless experience.Cheapflights Tip: The best prices from Madrid Barajas to Panama City Tocumen Intl are usually found in April or February, booked 84 days in advance, depart on a Saturday or Thursday and return on a Thursday
Cheap flight deals from Madrid to Panama City
Cheapest
Best
Last-minute
One-way
Cheapest flights from Madrid to Panama CityExplore the most affordable flight options available from Madrid to Panama City. Find the lowest fares from popular airlines and budget airlines, with prices last updated on November 10, 2026.
Explore the most affordable flight options available from Madrid to Panama City. Find the lowest fares from popular airlines and budget airlines, with prices last updated on November 10, 2026.
This Air France deal was found by Cheapflights users on 11/5. 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 11/256:00 am -
1 stop20h 20m
Sun 12/610:30 pm -
1 stop13h 15m
Deal found 11/5![Air France logo]()
$712
This Air France deal was found by Cheapflights users on 11/5. 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 11/256:00 am -
1 stop20h 20m
Sun 12/610:30 pm -
2 stops19h 05m
Deal found 11/5![Multiple Airlines logo]()
$743
This OneTravel deal was found by Cheapflights users on 11/7. 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 OneTravel is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Tue 11/243:50 pm -
2 stops23h 20m
Sun 12/64:10 pm -
1 stop34h 00m
Deal found 11/7![Multiple Airlines logo]()
$797
This KLM deal was found by Cheapflights users on 11/8. 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.
Sat 11/147:00 am -
3 stops28h 48m
Wed 11/186:45 pm -
2 stops18h 25m
Deal found 11/8![Multiple Airlines logo]()
$848
This KLM deal was found by Cheapflights users on 11/6. 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.
Sat 11/217:00 am -
3 stops28h 48m
Sun 11/294:18 pm -
2 stops17h 02m
Deal found 11/6![Multiple Airlines logo]()
$856
This KLM deal was found by Cheapflights users on 11/5. 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.
Fri 11/66:05 am -
3 stops29h 43m
Sat 11/76:45 pm -
1 stop18h 50m
Deal found 11/5![KLM logo]()
$867
This Air France deal was found by Cheapflights users on 11/5. 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 11/256:00 am -
1 stop20h 20m
Fri 1/229:55 pm -
1 stop15h 40m
Deal found 11/5![Multiple Airlines logo]()
$871
This Air France deal was found by Cheapflights users on 11/10. 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 11/1812:20 pm -
2 stops24h 03m
Sun 12/610:30 pm -
1 stop18h 35m
Deal found 11/10![Air France logo]()
$877
This KLM deal was found by Cheapflights users on 11/5. 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.
Thu 11/58:30 pm -
3 stops39h 18m
Sun 12/2710:30 pm -
1 stop18h 35m
Deal found 11/5![Multiple Airlines logo]()
$880
This Air France deal was found by Cheapflights users on 11/10. 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 11/1812:20 pm -
2 stops24h 03m
Sun 12/610:30 pm -
2 stops19h 05m
Deal found 11/10![Multiple Airlines logo]()
$908
This Air France deal was found by Cheapflights users on 11/5. 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 11/256:00 am -
1 stop20h 20m
Fri 1/229:55 pm -
2 stops19h 10m
Deal found 11/5![Air France logo]()
$916
This Delta deal was found by Cheapflights users on 11/8. 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 Delta is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Thu 11/1912:20 pm -
1 stop31h 42m
Thu 11/263:29 pm -
2 stops33h 51m
Deal found 11/8![Delta logo]()
$932
Best flights from Madrid to Panama CityDiscover carefully curated flight deals from Madrid to Panama City that have cost, travel time, and layovers in mind to ensure you get the best travel experience. Data last updated November 10, 2026.
Discover carefully curated flight deals from Madrid to Panama City that have cost, travel time, and layovers in mind to ensure you get the best travel experience. Data last updated November 10, 2026.
This KLM deal was found by Cheapflights users on 11/9. 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 3/308:30 pm -
1 stop27h 20m
Fri 10/19:55 pm -
1 stop14h 20m
Deal found 11/9![Multiple Airlines logo]()
$865
This United Airlines deal was found by Cheapflights users on 11/8. 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 12/86:05 am -
2 stops43h 57m
Tue 12/154:41 pm -
2 stops34h 49m
Deal found 11/8![United Airlines logo]()
$1,015
This Air Europa deal was found by Cheapflights users on 11/9. 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 Europa is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Sat 4/33:05 pm -
Nonstop10h 35m
Fri 10/18:25 pm -
Nonstop9h 50m
Deal found 11/9![Air Europa logo]()
$1,028
This United Airlines deal was found by Cheapflights users on 11/7. 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 12/86:05 am -
2 stops43h 57m
Mon 12/1410:00 am -
1 stop17h 30m
Deal found 11/7![United Airlines logo]()
$1,018
This United Airlines deal was found by Cheapflights users on 11/7. 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.
Wed 11/2511:15 am -
2 stops33h 30m
Sun 12/64:41 pm -
2 stops34h 49m
Deal found 11/7![United Airlines logo]()
$1,032
This United Airlines deal was found by Cheapflights users on 11/7. 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 12/1511:00 am -
2 stops36h 12m
Mon 12/218:55 am -
2 stops40h 50m
Deal found 11/7![United Airlines logo]()
$1,032
This United Airlines deal was found by Cheapflights users on 11/5. 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.
Wed 11/2511:00 am -
2 stops33h 45m
Fri 1/228:55 am -
2 stops18h 35m
Deal found 11/5![United Airlines logo]()
$1,038
This United Airlines deal was found by Cheapflights users on 11/5. 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.
Wed 12/26:25 am -
2 stops19h 37m
Wed 12/94:41 pm -
2 stops34h 49m
Deal found 11/5![United Airlines logo]()
$1,043
Last-minute flights from Madrid to Panama CityDiscover last-minute flight deals from Madrid to Panama City. Data last updated November 10, 2026 and is based on user searches.
Discover last-minute flight deals from Madrid to Panama City. Data last updated November 10, 2026 and is based on user searches.
This KLM deal was found by Cheapflights users on 11/5. 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.
Thu 11/58:30 pm -
3 stops39h 18m
Sun 12/2710:30 pm -
1 stop18h 35m
Deal found 11/5![Multiple Airlines logo]()
$880
This KLM deal was found by Cheapflights users on 11/5. 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.
Fri 11/66:05 am -
3 stops29h 43m
Sat 11/76:45 pm -
1 stop18h 50m
Deal found 11/5![KLM logo]()
$867
This KLM deal was found by Cheapflights users on 11/8. 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.
Sat 11/147:00 am -
3 stops28h 48m
Wed 11/186:45 pm -
2 stops18h 25m
Deal found 11/8![Multiple Airlines logo]()
$848
This Air France deal was found by Cheapflights users on 11/10. 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 11/1812:20 pm -
2 stops24h 03m
Sun 12/610:30 pm -
1 stop18h 35m
Deal found 11/10![Air France logo]()
$877
This Air France deal was found by Cheapflights users on 11/10. 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 11/1812:20 pm -
2 stops24h 03m
Sun 12/610:30 pm -
2 stops19h 05m
Deal found 11/10![Multiple Airlines logo]()
$908
This Delta deal was found by Cheapflights users on 11/8. 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 Delta is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Thu 11/1912:20 pm -
1 stop31h 42m
Thu 11/263:29 pm -
2 stops33h 51m
Deal found 11/8![Delta logo]()
$932
This KLM deal was found by Cheapflights users on 11/6. 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.
Sat 11/217:00 am -
3 stops28h 48m
Sun 11/294:18 pm -
2 stops17h 02m
Deal found 11/6![Multiple Airlines logo]()
$856
This OneTravel deal was found by Cheapflights users on 11/7. 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 OneTravel is selected, and click “Compare selected” under the list of providers to see comparable flight deals.
Tue 11/243:50 pm -
2 stops23h 20m
Sun 12/64:10 pm -
1 stop34h 00m
Deal found 11/7![Multiple Airlines logo]()
$797
This Air France deal was found by Cheapflights users on 11/5. 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 11/256:00 am -
1 stop20h 20m
Sun 12/610:30 pm -
1 stop13h 15m
Deal found 11/5![Air France logo]()
$712
This Air France deal was found by Cheapflights users on 11/5. 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 11/256:00 am -
1 stop20h 20m
Sun 12/610:30 pm -
2 stops19h 05m
Deal found 11/5![Multiple Airlines logo]()
$743
This Air France deal was found by Cheapflights users on 11/5. 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 11/256:00 am -
1 stop20h 20m
Fri 1/229:55 pm -
1 stop15h 40m
Deal found 11/5![Multiple Airlines logo]()
$871
This Air France deal was found by Cheapflights users on 11/5. 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 11/256:00 am -
1 stop20h 20m
Fri 1/229:55 pm -
2 stops19h 10m
Deal found 11/5![Air France logo]()
$916
One-way flights from Madrid to Panama CitySearch for one-way flight options from Madrid to Panama City. Find affordable one-way fares based on user searches. Data last updated November 10, 2026.
Search for one-way flight options from Madrid to Panama City. Find affordable one-way fares based on user searches. Data last updated November 10, 2026.
This Avianca deal was found by Cheapflights users on 11/9. 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.
Sun 2/710:10 am -
1 stop35h 05m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/9![Avianca logo]()
$396
This FlightHub deal was found by Cheapflights users on 11/9. 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 2/14:20 pm -
1 stop30h 55m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/9![Avianca logo]()
$417
This KLM deal was found by Cheapflights users on 11/9. 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.
Fri 4/26:00 am -
1 stop17h 50m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/9![KLM logo]()
$434
This KLM deal was found by Cheapflights users on 11/6. 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.
Sun 4/48:30 pm -
1 stop27h 20m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/6![KLM logo]()
$436
This Avianca deal was found by Cheapflights users on 11/5. 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.
Tue 4/610:25 am -
2 stops21h 10m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/5![Avianca logo]()
$443
This Air France deal was found by Cheapflights users on 11/5. 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.
Sun 4/186:00 am -
2 stops17h 50m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/5![Air France logo]()
$453
This Air France deal was found by Cheapflights users on 11/9. 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.
Fri 4/26:00 am -
2 stops17h 50m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/9![Air France logo]()
$455
This KLM deal was found by Cheapflights users on 11/9. 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.
Thu 3/186:05 am -
2 stops20h 15m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/9![KLM logo]()
$462
This Avianca deal was found by Cheapflights users on 11/5. 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.
Sun 2/147:05 am -
2 stops24h 15m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/5![Avianca logo]()
$465
This Avianca deal was found by Cheapflights users on 11/5. 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.
Thu 4/226:40 am -
2 stops38h 35m
Wed 12/3112:00 am -
Nonstop0h 00m
Deal found 11/5![Avianca logo]()
$469
Find flight deals from Madrid to Panama City
Discover tips and strategies to find the most affordable flight options for your journey from Madrid (MAD) to Panama City (PTY). 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 November 10, 2026.
Most accurate provider | FlightHub 3 stars |
|---|---|
Most trusted provider | FlightHub 3 stars |
Round-trip from | $702 (Avianca) |
One-way from | $396 (Avianca) |
Popular in | December |
Cheapest in | April |
Average price | $904 |
Good round-trip deal | $838 or less |
Good one-way deal | $804 or less |
Cheapflights Fare Finder
Customize your flight search to find flights from Madrid to Panama City 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 7,457,451 searches. Data last updated November 10, 2026.
Use the filters below to find and compare flights from Madrid to Panama City that are best for you.
Fly from
Fly to
Route
Depart
Return
Cheapest round-trip
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Sun 2/14
7:05 am-1:20 am
2 stops24h 15m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$465
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Sat 1/23
8:00 pm-1:20 am
2 stops35h 20m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$478
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Tue 4/6
6:25 pm-9:15 am
2 stops21h 50m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$497
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Sun 1/24
7:05 am-9:10 am
2 stops32h 05m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$498
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Sun 4/4
7:05 pm-9:15 am
2 stops21h 10m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$499
Quickest round-trip
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Tue 2/2
3:10 pm-7:45 pm
Nonstop10h 35m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$637
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Tue 4/6
3:05 pm-6:40 pm
Nonstop10h 35m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$637
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Tue 4/6
12:00 pm-4:05 pm
Nonstop11h 05m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$648
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Thu 4/22
3:05 pm-6:40 pm
Nonstop10h 35m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$648
MadridPanama City
MAD Madrid Barajas - PTY Panama City Tocumen Intl
MADPTY
Madrid Barajas
Sat 1/16
5:00 pm-4:30 pm
1 stop29h 30m
Panama City Tocumen Intl
Wed 12/31
12:00 am-6:00 am
Nonstop0h 00m
$727
Showing 1-10 of 18 resultsSorted by cheapest first
Compare providers for flights from Madrid to Panama City
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 Madrid to Panama City in November.
| Provider | Price Accuracy | Trust Score* |
|---|---|---|
| Price Accuracy2 stars | Trust Score*3 stars | |
| Price Accuracy3 stars | Trust Score*3 stars | |
| Price Accuracy2 stars | Trust Score*3 stars |
- Most accurate provider: When it comes to deals on Madrid-Panama City flights, users find the pricing of FlightHub to be most consistent on Cheapflights vs. FlightHub Users can find the same prices on Madrid-Panama City flight deals on Cheapflights vs. FlightHub >95% of the time. Price accuracy is based on data collected from Madrid-Panama City flight searches over the past month and is updated monthly.
- Most trusted provider: When it comes to deals on Madrid-Panama City 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 Madrid-Panama City 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 Madrid to Panama City
Have a flexible travel schedule? Discover the best time to fly to Panama City from Madrid with our price prediction graph.
MAD-PTY
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.
Cheapflights Insights
Everything you need to know about your flight from Madrid to Panama City
Prices
Airlines
Delays
How far ahead should I book a flight from Madrid to Panama City?
The price you pay for your flight from Madrid to Panama City may vary depending on when you book. For the best chance of a lower fare, look to book 83 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 Madrid to Panama City?
Currently, April is the cheapest month in which you can book a flight from Madrid to Panama City (average of $725). Flying from Madrid to Panama City in December is currently the most expensive (average of $1,221). 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 MAD to PTY?
Find hourly flight availability from Madrid to Panama City. Discover flight options and departure times throughout the day, allowing you to choose a departure time that suits your schedule. Data last updated November 10, 2026.
Regardless of the time of day you decide to fly, the ticket price will remain around the same. Book flights from Madrid to Panama City as you normally would.
How often are flights from Madrid to Panama City delayed?
About 27% of weekly flights between Madrid and Panama City have experienced delays in the past year, with the average delay time being 135 minutes.
What is the most punctual flight time for Madrid to Panama City flights?
Historically, flights departing in the evening are less likely to be delayed, whereas flights leaving in the early afternoon tend to experience delays more often.
What day of the week experiences the fewest flight delays on this route?
Sunday tends to have the lowest number of delays on this route, whereas Thursday has historically faced a higher average of delays compared to other days of the week.
Which airline has the best punctuality record on Madrid to Panama City flights?
Over the last year, Iberia have had the lowest number of delays on this route, with just 27% of flights being delayed.
The best insider tips for Madrid to Panama City flights
AI-powered summary based on content written by travel experts. AI can make mistakes.
Cheapflights partnered with top experts to bring you the best recommendations for your Madrid to Panama City trip
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Reviews of airlines servicing Panama City
Get insights into the airlines that provide service to Panama City. 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 Panama City. Reviews last updated November 10, 2026.
Get a feel of what it's like to fly with United Airlines,Air Europa, andIberia from Madrid to Panama City by reading reviews from past customers. Users have also rated airlines in terms of entertainment options, comfort, food, crew/service, and boarding process.
Entertainment
7.1
Food
6.7
Comfort
7.3
Boarding
7.7
Overall
7.3
Crew
8.1
Reviews
1 / 20
4.0
OkayKevin,Dec 2025
BOS - EWR
Entertainment
7.1
Food
6.7
Comfort
7.3
Boarding
7.7
Overall
7.3
Crew
8.1
Reviews
1 / 20
4.0
OkayKevin,Dec 2025
BOS - EWR
Entertainment
7.1
Food
6.7
Comfort
7.3
Boarding
7.7
Overall
7.3
Crew
8.1
Reviews
1 / 20
4.0
OkayKevin,Dec 2025
BOS - EWR
Entertainment
7.1
Food
6.7
Comfort
7.3
Boarding
7.7
Overall
7.3
Crew
8.1
Reviews
1 / 20
4.0
OkayKevin,Dec 2025
BOS - EWR
Entertainment
7.1
Food
6.7
Comfort
7.3
Boarding
7.7
Overall
7.3
Crew
8.1
Reviews
1 / 20
4.0
OkayKevin,Dec 2025
BOS - EWR
Related info for your journey
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Top 4 airlines flying from Madrid to Panama City
Discover the top 4 airlines that operate flights from Madrid to Panama City. 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 7,457,451 searches. Data last updated November 10, 2026.
| Airline | Cheapest | Average | Flexibility | On-time |
|---|---|---|---|---|
| Cheapest$642 | Average$847 | FlexibilityNo cancel fee | On-time83% | |
| Cheapest$644 | Average$1,196 | FlexibilityNo cancel fee | On-time69% | |
| Cheapest$732 | Average$1,322 | FlexibilityNo cancel fee | On-time71% | |
| Cheapest$757 | Average$1,150 | FlexibilityNo cancel fee | On-time77% |