PTY - MAD

C$ 785 Find Cheap Flights from Panama City to Madrid

This is the cheapest one-way flight price found by a KAYAK user in the last 72 hours by searching for a flight from Panama City to Madrid departing on 20/11. 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
1 adult, Economy, 0 bags

KAYAK searches hundreds of travel sites at once for deals on flights to Madrid

 
These are the airlines KAYAK users have selected most often from within our search results in flight searches from Panama City to Madrid, 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 Panama City to Madrid, as well as popular online travel agencies
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Everything you should know

Cheapest round-trip
C$ 953
Typical prices: C$ 919-C$ 1,084
KLM
Mon 16/2Wed 25/2
PTY - MAD • 1 stop
Cheapest direct flights
C$ 1,016
Typical prices: C$ 902-C$ 1,065
Air Europa
Fri 8/5Tue 26/5
PTY - MAD • Direct
Our travellers' advice
AI-generated summary based on content written by travel experts
Iberia provides Wi-Fi for basic messaging on flights.
Use the metro line from Madrid Barajas to the city.
Expert advice
Expert advice
Expert advice
Expert advice
Top airlines
KLM
Cheapest • from C$ 953 (round-trip)
Air Europa
Best reviews • 7.0 score
Airline reviews
Airline reviews
+1
+1
Airline reviews
Airline reviews
+1
When to book
5 weeks
in advance
Our data shows that travellers who book at least 5 weeks in advance save around 15% compared to booking last minute.
Insights
Insights
Insights
Insights
When to travel
March
Cheapest • 11% price drop
February
Most popular
Good to know
Good to know
+1
+1
Good to know
Good to know
+1
Start a new search
KAYAK searches hundreds of sites at once to find you the best travel deals.
We hope you love your trip to Madrid!
Flight Deals
Booking Insights
Expert advice
Flight Deals

Cheap Flights from Panama City to Madrid (PTY-MAD)

 
Here are some of the best deals found on KAYAK recently from the most popular airlines for round-trip flights from Panama City to Madrid 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 for you by selecting your travel dates on KAYAK.

Recent round-trip flight deals from Panama City to Madrid

Mon, 16 Feb - Wed, 25 Feb
KLM Logo
10:05 p.m. - 10:15 a.m.PTY-MAD
30h 10m1 stop
KLM Logo
6:00 a.m. - 7:55 p.m.MAD-PTY
19h 55m1 stop
C$ 953KLM
Find Deal
Mon, 2 Feb - Wed, 18 Feb
KLM Logo
10:05 p.m. - 11:25 p.m.PTY-MAD
19h 20m1 stop
KLM Logo
6:00 a.m. - 7:55 p.m.MAD-PTY
19h 55m1 stop
C$ 961KLM
Find Deal
Mon, 2 Feb - Mon, 16 Feb
KLM Logo
10:05 p.m. - 11:25 p.m.PTY-MAD
19h 20m1 stop
KLM Logo
6:00 a.m. - 7:55 p.m.MAD-PTY
19h 55m1 stop
C$ 965KLM
Find Deal
Mon, 16 Feb - Wed, 25 Feb
KLM Logo
10:05 p.m. - 10:15 a.m.PTY-MAD
30h 10m1 stop
KLM Logo
11:00 a.m. - 7:55 p.m.MAD-PTY
14h 55m1 stop
C$ 974KLM
Find Deal
Thu, 5 Feb - Fri, 27 Feb
KLM Logo
6:45 p.m. - 10:15 a.m.PTY-MAD
33h 30m1 stop
KLM Logo
8:30 p.m. - 7:55 p.m.MAD-PTY
29h 25m1 stop
C$ 975KLM
Find Deal
Wed, 4 Feb - Sat, 28 Feb
Avianca Logo
2:55 a.m. - 8:50 a.m.PTY-MAD
23h 55m1 stop
Avianca Logo
6:40 a.m. - 1:00 a.m.MAD-PTY
24h 20m1 stop
C$ 981Avianca
Find Deal
Tue, 3 Feb - Sat, 28 Feb
KLM Logo
6:45 p.m. - 11:25 p.m.PTY-MAD
22h 40m1 stop
KLM Logo
11:00 a.m. - 7:55 p.m.MAD-PTY
14h 55m1 stop
C$ 992KLM
Find Deal
Wed, 1 Apr - Wed, 15 Apr
Turkish Airlines Logo
10:15 p.m. - 1:35 p.m.PTY-MAD
32h 20m1 stop
Turkish Airlines Logo
7:30 a.m. - 8:20 p.m.MAD-PTY
19h 50m1 stop
C$ 1,013Turkish Airlines
Find Deal
Fri, 8 May - Sun, 24 May
Air Europa Logo
8:25 p.m. - 1:15 p.m.PTY-MAD
9h 50mdirect
Air Europa Logo
3:05 p.m. - 6:40 p.m.MAD-PTY
10h 35mdirect
C$ 1,016Air Europa
Find Deal
Wed, 18 Feb - Fri, 6 Mar
Turkish Airlines Logo
9:45 p.m. - 10:25 a.m.PTY-MAD
30h 40m1 stop
Turkish Airlines Logo
2:25 p.m. - 7:50 p.m.MAD-PTY
35h 25m1 stop
C$ 1,018Turkish Airlines
Find Deal
Booking Insights

KAYAK's insights & trends for Panama City to Madrid flights

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

How much is a round-trip flight from Panama City to Madrid?

This analysis is based on the cheapest round-trip price found on KAYAK in the last 12 months by searching for a flight from Panama City to Madrid departing in February.

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

To calculate monthly average prices, KAYAK takes all prices for each month over the last year for round-trip flights from Panama City to Madrid, 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 Panama City to Madrid is March, where tickets cost C$ 978 (return) on average. On the other hand, the most expensive months are December and July, where the average cost of round-trip tickets is C$ 1,269 and C$ 1,229 respectively.

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

To calculate weekly average prices, KAYAK takes all prices for each week before departure over the last year for round-trip flights from Panama City to Madrid, removes the top 0.1% to account for outliers, and then takes the average of all the values for each week.

To get a below average price on the flight from Panama City to Madrid, you should book around 5 weeks before departure, which saves you about 15% compared to booking last minute. For the absolute cheapest price, our data suggests you should book 14 weeks before departure.

Expert advice

Expert advice for your flight from Panama City to Madrid

 
Snippets provided in this section are AI-generated based on a summarisation of KAYAK-commissioned articles. The articles are presented as-is, for general informational purposes only, and may not be up-to-date. The opinions contained in the articles are original to the author and reflect their authentic experience, which may vary significantly from the experience of others.
KAYAK teamed up with top travel experts to share the best tips for your journey.
Airlines
Iberia

Iberia's business class offers all-aisle access and comfortable seating on long-haul flights.


Iberia provides Wi-Fi with global coverage on most of its network, suitable for basic messaging.

Read more about Iberiaby Marisa Garcia
Air Europa

Air Europa offers two meal services for premium and business fares, including special dietary options.


Air Europa's SUMA loyalty program offers priority boarding and lounge access at higher tiers.

Airports
PTY

For a smooth departure from PTY, determine your terminal in advance. Copa Airlines check-in is in Terminal 2, even if your flight departs from Terminal 1.

Read more about PTYby Mark Chesnut
MAD

Upon arrival at MAD, use the metro line for a quick, 30-40 minute ride to the city center. A small supplement applies to the standard fare.

Read more about MADby Ramsey Qubein
Our travel experts
Marisa Garcia

Marisa Garcia

Expert on Iberia

Marisa Garcia

Marisa Garcia

Marisa knows planes inside and out, spending 16 years working on aircraft in hangars at airports around the world. She is an aviation industry expert, specialized in airline interiors and regulations. Ten years ago, she pivoted to journalism. She shares her insights in leading aviation, travel, and business publications and on her site FlightChic.

Read more
Laura Ratliff

Laura Ratliff

Expert on Air Europa

Laura Ratliff

Laura Ratliff

Laura Ratliff is a New York-based writer and editor. She lives in downtown Brooklyn with her husband and their beloved dogs. Originally from Texas, she now considers New York City her home. She typically spends more than 200,000 miles on a plane each year and stays in plenty of hotels.

Read more
Ramsey Qubein

Ramsey Qubein

Expert on MAD

Ramsey Qubein

Ramsey Qubein

An avid traveler and aviation expert who has visited 173 countries, all 50 states and seven continents, Ramsey Qubein flies nearly 400,000 miles a year. As a North Carolina-based freelance journalist for publications including Conde Nast Traveler, Forbes, USA Today and Bloomberg among others, he explores the latest trends in aviation, hospitality, cruises and business.

Read more
Mark Chesnut

Mark Chesnut

Expert on PTY

Mark Chesnut

Mark Chesnut

Mark Chesnut is a travel writer and public speaker with more than 30 years of experience. The 2019 winner of the NLGJA Excellence in Travel Writing Award, Mark is the author of the book “Prepare for Departure” and has covered air travel for multiple top consumer and trade media outlets.

Read more

Good to know

Low seasonJuly
Cheapest flightC$ 716
Best time to beat the crowds but there is an average 12% increase in price.
Most popular time to fly and prices are also 10% lower on average.
Flight from Panama City to Madrid

When to book flights from Panama City to Madrid

Are your dates flexible? Find out the best times to travel from Panama City to Madrid 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 Panama City to Madrid

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

    In the last 3 days, the lowest price for a flight from Panama City to Madrid was C$ 716 for a one-way ticket and C$ 953 for a round-trip.

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

    Iberia, Copa Airlines, Air France, British Airways, and Finnair offer inflight Wi-Fi service on the Panama City to Madrid flight route.

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

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

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

    SkyTeam is the only airline alliance operating flights between Panama City and Madrid.

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

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

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

    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 Panama City to Madrid.

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

    KAYAK’s flight Price Forecast tool uses historical data to determine whether the price for a flight to Madrid from Panama City 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 Panama City to Madrid?

    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 Madrid with an airline and back to Panama City with another airline.

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

    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 Madrid from Panama City up to 3 days before/after your preferred dates. You can then pick the flights that suit you best.

Prefer to fly direct from Panama City to Madrid?

 
Direct data is based off flight results for the next 60 days. Find direct flights from all airlines flying direct from Panama City Tocumen Intl to Madrid Barajas.
Find which airlines fly direct from Panama City Tocumen Intl Airport to Madrid Barajas Airport, which days they fly and book direct flights.

Direct departures

Panama City Tocumen Intl to Madrid Barajas

Monday

Air Europa,Iberia

Air Europa,Iberia

Tuesday

Air Europa

Air Europa

Wednesday

Air Europa,Iberia

Air Europa,Iberia

Thursday

Air Europa

Air Europa

Friday

Air Europa

Air Europa

Saturday

Air Europa,Iberia

Air Europa,Iberia

Sunday

Air Europa

Air Europa

See more nonstop flights

Direct returns

Madrid Barajas to Panama City Tocumen Intl

Monday

Air Europa,Iberia

Air Europa,Iberia

Tuesday

Air Europa

Air Europa

Wednesday

Air Europa,Iberia

Air Europa,Iberia

Thursday

Air Europa

Air Europa

Friday

Air Europa

Air Europa

Saturday

Air Europa,Iberia

Air Europa,Iberia

Sunday

Air Europa

Air Europa

See more nonstop flights

Reviews of the top airline flying from Panama City to Madrid

 
See real verified KAYAK customer reviews for airlines flying from Panama City to Madrid. 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 Panama City to Madrid? 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.
7.0
Air EuropaOverall score based on 569 reviews
7.5Crew
6.3Food
7.1Boarding
6.6Entertainment
7.0Comfort
Airline reviews

Great staff, just very far from the main terminal, had to run to connect my flight. I had 90 minutes to spare. But my flight from Chicago was delayed also.

8.0 ExcellentJustin, Sep 2025MAD - AGP
Read more Air Europa reviews

Great staff, just very far from the main terminal, had to run to connect my flight. I had 90 minutes to spare. But my flight from Chicago was delayed also.

My luggage is lost and nowhere to be found, no response from airline

Boarding was a shitshow. Had to bus to the gate. No separate bus and boarding process for Business Class.

The plane was very old, no power outlets. We also had to wait a long time to board. They kept moving us to different lines before we actually could step foot on the plane. We ended up being delayed an hour but we were never told or informed for any reason. After the meal I asked for a coffee which the flight attendant forgot and I had to ask again. Overall not the worst but not the best experience.

Need to pay for headsets, water, or any extra except air to breath.

Sitting space was very tight and I am not big or fat (I am 5'10" 178 Lb), so eating was very challenging. The rest was good.

Sitting space was very tight, so eating was difficult. But everything else was good.

12 hours flight. Only one meal, not enough food. At the galley only water during the flight. Lavatories not clean. Headsets at extra cost.

Need to pay for a cup of water. No food. Need to pay for headsets.

Everything should improve! Service like a low cost but prices like a premium airline. Crew in general with bad manners arguing for everything. You pay for priority access but then they use buses, so your loose your advantage to put your carry on first. That was the purpose for paying for priority. Bording is a nightmare, people accessing the plane for bothering doors, front and rear, no matter which line do you have.

Everything you need to know for your flight from Panama City to Madrid

Information on your arrival and departure airports