MAD - PTY

£298 Find Cheap Flights from Madrid to Panama City

This is the cheapest one-way flight price found by a KAYAK user in the last 72 hours by searching for a flight from Madrid to Panama City departing on 5/5. 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

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

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

Cheap Flight Deals from Madrid to Panama City (MAD-PTY)

 
Here are some of the best deals found on KAYAK recently from the most popular airlines for return flights from Madrid to Panama City 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.

Recent return flight deals from Madrid to Panama City

KAYAK's recommended return flight deals from the most popular airlines that fly from Madrid to Panama City.
Discover the best prices for you by selecting your travel dates on KAYAK.
KLM Logo
20:25 - 16:50MAD-PTY
27h 25m1 stop
KLM Logo
18:50 - 16:25PTY-MAD
14h 35m1 stop
£492KLM
Find Deal
Sat, 17 May - Tue, 10 Jun
 Logo
10:20 - 16:50MAD-PTY
37h 30m1 stop
 Logo
19:55 - 16:45PTY-MAD
13h 50m1 stop
Thu, 11 Sep - Mon, 22 Sep
Iberia Logo
12:00 - 16:05MAD-PTY
11h 05mdirect
Iberia Logo
17:35 - 10:25PTY-MAD
9h 50mdirect
£521Iberia
Find Deal
Sat, 10 May - Sat, 24 May
United Airlines Logo
10:50 - 19:31MAD-PTY
15h 41m1 stop
United Airlines Logo
09:45 - 16:15PTY-MAD
23h 30m2 stops
£525United Airlines
Find Deal
Wed, 21 May - Fri, 30 May
Air Europa Logo
15:05 - 18:40MAD-PTY
10h 35mdirect
Air Europa Logo
20:25 - 13:15PTY-MAD
9h 50mdirect
£545Air Europa
Find Deal
Thu, 19 Jun - Tue, 8 Jul
Delta Logo
12:40 - 12:54MAD-PTY
55h 14m2 stops
Delta Logo
14:12 - 07:50PTY-MAD
34h 38m2 stops
£555Delta
Find Deal
Thu, 21 Aug - Wed, 3 Sep
Air Europa Logo
15:05 - 18:40MAD-PTY
10h 35mdirect
Air Europa Logo
20:25 - 13:15PTY-MAD
9h 50mdirect
£562Air Europa
Find Deal
Sun, 11 May - Sun, 25 May
Iberia Logo
12:00 - 15:40MAD-PTY
10h 40mdirect
Iberia Logo
17:20 - 10:25PTY-MAD
10h 05mdirect
£570Iberia
Find Deal
Mon, 25 Aug - Mon, 15 Sep
Delta Logo
07:30 - 12:54MAD-PTY
36h 24m2 stops
Delta Logo
14:12 - 07:50PTY-MAD
58h 38m2 stops
£573Delta
Find Deal
Sat, 16 Aug - Fri, 5 Sep
United Airlines Logo
12:30 - 16:12MAD-PTY
34h 42m2 stops
United Airlines Logo
09:45 - 09:00PTY-MAD
16h 15m1 stop
£588United Airlines
Find Deal
Sat, 17 May - Tue, 10 Jun
Expert advice

Expert advice for your flight from Madrid to Panama City

 
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 specific 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 private suites on A350-900s for restful long flights.


Iberia provides two meals on long-haul flights, showcasing Spanish cuisine for a delightful dining experience.

Read more about Iberiaby Marisa Garcia
Air Europa

Air Europa offers speedy Wi-Fi onboard, ideal for staying connected during long flights.


Air Europa's Business Cabin includes Wi-Fi and VIP lounge access, enhancing comfort on long-haul flights.

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, specialising in airline interiors and regulations. 10 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
Useful Info

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

Get data-powered insights and trends into flights from Madrid to Panama City 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 Madrid to Panama City?

The average price of all round-trip flights from Madrid to Panama City clicked on KAYAK for each day over the last 12 months.
For Madrid to Panama City, Tuesday is the cheapest day to fly on average and Wednesday is the most expensive. Flying from Panama City back to Madrid, the best deals are generally found on Saturday, with Wednesday being the most expensive.

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

To calculate monthly average prices, KAYAK takes all prices for each month over the last year for round-trip flights from Madrid to Panama City, 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 Madrid to Panama City is March, where tickets cost £497 (return) on average. On the other hand, the most expensive months are December and July, where the average cost of round-trip tickets is £800 and £744 respectively.

Can I save money by flying with a stopover from Madrid to Panama City?

The average return price for all direct flights, flights with one stopover, and flights with two stopovers for the route found by users searching on KAYAK in the last 2 weeks.
No, with an average price for the route of £594, prices are generally cheapest when you fly direct.

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

To calculate weekly average prices, KAYAK takes all prices for each week before departure over the last year for round-trip flights from Madrid to Panama City, 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 Madrid to Panama City, you should book around 5 weeks before departure. For the absolute cheapest price, our data suggests you should book 25 weeks before departure.

Good to know - Cheap tickets from Madrid to Panama City

Low season

September

High season

December

Cheapest flight

£298
Best time to beat the crowds (16% less expensive on average)
Most popular time to fly (34% more expensive on average)
Flight from Madrid to Panama City

When to book flights from Madrid to Panama City

Are your dates flexible? Find out the best times to travel from Madrid to Panama City based on our flight data from the last year. Discover the cheapest month and even day to fly.
Estimated return price
KAYAK looks at all historical flight data for each date to provide a predicted price for one-way trips or returns 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 Madrid to Panama City

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

    In the last 3 days, the lowest price for a flight from Madrid to Panama City was £399 for a one-way ticket and £660 for a return.

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

    Iberia, and KLM offer inflight Wi-Fi service on the Madrid to Panama City flight route.

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

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

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

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

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

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

  • Which is the best airline for flights from Madrid to Panama City, Iberia or Air Europa?

    The two airlines most popular with KAYAK users for flights from Madrid to Panama City are Iberia and Air Europa. With an average price for the route of £678 and an overall rating of 7.0, Iberia is the most popular choice. Air Europa is also a great choice for the route, with an average price of £592 and an overall rating of 6.9.

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

    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 Madrid to Panama City.

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

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

    Hacker Fares allow you to combine one-way tickets in order to save you money over a traditional return ticket. You could then fly to Panama City with an airline and back to Madrid with another airline.

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

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

KAYAK’s top tips for finding a cheap flight from Madrid to Panama City

  • Looking for a cheap flight from Panama City to Madrid? 25% of our users found flights on this route for £403 or less one-way.

Prefer to fly direct from Madrid to Panama City?

Find which airlines fly direct from Madrid Barajas Airport to Panama City Tocumen Intl Airport, which days they fly and book direct flights.

Direct departures

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, British Airways, China Eastern, +5 more

Air Europa, British Airways, +6 more

Saturday

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

Air Europa, British Airways, +6 more

Sunday

Air Europa, China Eastern, Copa Airlines, +5 more

Air Europa, China Eastern, +6 more

See more direct flights

Direct returns

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, British Airways, China Eastern, +5 more

Air Europa, British Airways, +6 more

Saturday

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

Air Europa, British Airways, +6 more

Sunday

Air Europa, China Eastern, Copa Airlines, +5 more

Air Europa, China Eastern, +6 more

See more direct flights
See more direct flights

Top airlines flying from Madrid to Panama City

 
See real verified KAYAK customer reviews for airlines flying from Madrid to Panama City. 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 Madrid to Panama City? 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
IberiaOverall score based on 2698 reviews
7.6Crew
7.1Boarding
6.7Comfort
6.6Entertainment
6.3Food
Airline reviews

Awful. The flight wasn't actually operated by Iberia, but by American Airlines. I was unable to get my boarding pass and as a result missed my connecting flight.

2.0 MediocreAnonymous, Apr 2025MAD - LHR
Read more Iberia reviews

Awful. The flight wasn't actually operated by Iberia, but by American Airlines. I was unable to get my boarding pass and as a result missed my connecting flight.

Very good service from San Jose to Madrid . Ryanair service from Madrid to Brussels 😕

I wish they could put the pre-tsa check on the tickets or global entry.

Couldn’t keep my luggage and had no choice. Ground staff didn’t even bother to explain why.

We upgraded to Business class paying approx. $1,300. Despite the upgrade, we were still required to pay an additional €70 for a checked bag. Furthermore, we were informed that another €70 would have been charged for our carry-on bag, as it was 3kg over the limit. To avoid this, we had to move clothing from the carry-on into the checked bag, which was both inconvenient and frustrating. Given the significant amount paid for the Business Class upgrade, we found this treatment to be quite appalling and disappointing. We expected a higher level of service and consideration for our luggage, and this experience did not meet those expectations.

Great flight, short and good attention. Didn't took any food so can't say thing about it

Excellent with no delays and according to the time schedule.

Its a bus taking you on and off the plane so if you have big luggage … more muscles needed

Flight LIN MAD. Checkin was fine (but I must admit that being a Platinum member I skip the lines). Security was fine (they have the new machines where you need not take laptops or liquids out). Longe was OK (BA). Boarding was a mess, the boarding gate personnel were rude and some should simply not be in a customer facing position. Flight in itself was fine, usual Iberia European coach. We were on time and actually time to deliver luggage was better than normal for Barajas

Great food, excellent service. Did not manage to make wifi work but in a flight of less than an hour it was not a big deal

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

The insanely long lines at customs were chaotic and stressful. They also created a lot of stress among passengers. Including fights and threats. The hot food I purchased was cold, barely edible. The check in staff and crew were nice and the pilot good but the overall experience was very disappointing. Passengers were still insulting each other upon arrival.

No frills airlines. Tickets were reasonably priced for a short-term booking. But comfort is a big issue.

It was just okay. They overcharged me for a checked bag because I didn’t know it wasn’t included in the airfare.

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

Information on your arrival and departure airports

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