PTY - MAD

C$ 592 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 21/9. 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

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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Flights 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, 21 Jul - Mon, 25 Aug
 Logo
7:55 p.m. - 4:45 p.m.PTY-MAD
13h 50m1 stop
 Logo
5:10 p.m. - 4:50 p.m.MAD-PTY
30h 40m1 stop
C$ 974
Find Deal
Tue, 4 Nov - Fri, 7 Nov
Air Europa Logo
9:30 p.m. - 1:05 p.m.PTY-MAD
9h 35mdirect
Air Europa Logo
3:10 p.m. - 7:45 p.m.MAD-PTY
10h 35mdirect
C$ 986Air Europa
Find Deal
Fri, 24 Oct - Tue, 11 Nov
Turkish Airlines Logo
9:55 p.m. - 11:25 a.m.PTY-MAD
30h 30m1 stop
Turkish Airlines Logo
2:25 p.m. - 7:50 p.m.MAD-PTY
35h 25m1 stop
C$ 1,008Turkish Airlines
Find Deal
Wed, 1 Oct - Tue, 21 Oct
Turkish Airlines Logo
9:55 p.m. - 10:25 a.m.PTY-MAD
29h 30m1 stop
Turkish Airlines Logo
6:20 p.m. - 8:00 p.m.MAD-PTY
32h 40m1 stop
C$ 1,012Turkish Airlines
Find Deal
Wed, 5 Nov - Wed, 19 Nov
 Logo
6:45 p.m. - 11:25 p.m.PTY-MAD
22h 40m1 stop
 Logo
10:00 a.m. - 8:10 p.m.MAD-PTY
16h 10m1 stop
C$ 1,021
Find Deal
Tue, 4 Nov - Tue, 18 Nov
KLM Logo
6:45 p.m. - 10:15 a.m.PTY-MAD
33h 30m1 stop
KLM Logo
8:35 p.m. - 4:25 p.m.MAD-PTY
25h 50m1 stop
C$ 1,027KLM
Find Deal
Wed, 17 Sep - Sat, 18 Oct
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$ 1,029Air Europa
Find Deal
Tue, 16 Sep - Wed, 24 Sep
KLM Logo
6:50 p.m. - 1:40 p.m.PTY-MAD
35h 50m1 stop
KLM Logo
6:00 a.m. - 4:50 p.m.MAD-PTY
17h 50m1 stop
C$ 1,080KLM
Find Deal
Mon, 15 Sep - Mon, 6 Oct
United Airlines Logo
3:30 p.m. - 9:00 a.m.PTY-MAD
34h 30m2 stops
United Airlines Logo
12:45 p.m. - 1:50 p.m.MAD-PTY
32h 05m2 stops
C$ 1,150United Airlines
Find Deal
Mon, 6 Oct - Thu, 23 Oct
United Airlines Logo
9:45 a.m. - 9:00 a.m.PTY-MAD
16h 15m1 stop
United Airlines Logo
11:15 a.m. - 2:14 p.m.MAD-PTY
33h 59m2 stops
C$ 1,163United Airlines
Find Deal
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
Useful Info

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.

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

The average price of all round-trip flights from Panama City to Madrid clicked on KAYAK for each day over the last 12 months.

If your flying dates are flexible, you should consider flying to Madrid on a Sunday, as we generally find the cheapest rates on that day for this route. On the other hand, Monday is the most expensive day to fly from Panama City to Madrid. For your return ticket, we recommend flying on a Thursday and avoiding Fridays for the best deals.

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$ 932 (return) on average. On the other hand, the most expensive months are July and December, where the average cost of round-trip tickets is C$ 1,212 and C$ 1,182 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 7 weeks before departure. For the absolute cheapest price, our data suggests you should book 17 weeks before departure.


Good to know

Low seasonAugust
High seasonFebruary
Cheapest flightC$ 592
Best time to beat the crowds but there is an average 12% increase in price.
Most popular time to fly and prices are also 11% 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$ 435 for a one-way ticket and C$ 716 for a round-trip.

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

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

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

    The Airbus A330 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?

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

  • 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,British Airways,China Eastern, +5 more

Air Europa,British Airways, +6 more

Tuesday

Air Europa,China Eastern,Copa Airlines, +1 more

Air Europa,China Eastern, +2 more

Wednesday

Air Europa,China Eastern,Copa Airlines, +1 more

Air Europa,China Eastern, +2 more

Thursday

Air Europa,British Airways,China Eastern, +5 more

Air Europa,British Airways, +6 more

Friday

Air Europa,China Eastern,Copa Airlines, +1 more

Air Europa,China Eastern, +2 more

Saturday

Air Europa,British Airways,China Eastern, +5 more

Air Europa,British Airways, +6 more

Sunday

Air Europa,British Airways,China Eastern, +5 more

Air Europa,British Airways, +6 more

See more nonstop flights

Direct returns

Madrid Barajas to Panama City Tocumen Intl

Monday

Air Europa,British Airways,China Eastern, +5 more

Air Europa,British Airways, +6 more

Tuesday

Air Europa,China Eastern,Copa Airlines, +1 more

Air Europa,China Eastern, +2 more

Wednesday

Air Europa,China Eastern,Copa Airlines, +1 more

Air Europa,China Eastern, +2 more

Thursday

Air Europa,British Airways,China Eastern, +5 more

Air Europa,British Airways, +6 more

Friday

Air Europa,China Eastern,Copa Airlines, +1 more

Air Europa,China Eastern, +2 more

Saturday

Air Europa,British Airways,China Eastern, +5 more

Air Europa,British Airways, +6 more

Sunday

Air Europa,British Airways,China Eastern, +5 more

Air Europa,British Airways, +6 more

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.
6.9
Air EuropaOverall score based on 533 reviews
7.1Boarding
6.5Entertainment
6.3Food
6.9Comfort
7.5Crew
Airline reviews

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.

4.0 OkayPablo, May 2025FCO - MAD
Read more Air Europa reviews

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.

Issues with plane led to multiple gate changes and chaos. Very little communication from the ground crew led to cranky passengers.

I flew business class, at breakfast I asked for a small bottle of olive oil instead of butter and the flight attendant responded with a negative gesture.

They didn't even give us water, everything was sold

They should at least offer water like other airlines, which seems like a humanitarian gesture to me

They gave me an upgrade but charged me for my bag. I felt abused because this had never happened to me before with an upgrade with another airline.

Well. It is a no frills airline. Annoying is that even for the long-haul everything has to be paid for separately. Once you add up the extras the flight is getting to expensive. Then one might as well fly with a legacy carrier which provides far better comfort. Changing flight at MAD airport is a nightmare. The worst airport in the world. Poor signposting, poor passport control, poor security check and long queues. I had 2h transfer time and spend in queues almost 1.5h

All flights with Air Europa you arrive late to the connections of other flights, I missed my train, I had to pay for my train again, the crew are antisocial, you are paying for a service, it is not free, thanks to the travelers they are there, it is the last time I fly with them,

Terrible experience - we won’t be flying with Air Europa again

The crew was not kind , just doing their job but very cold people

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

Information on your arrival and departure airports

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