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Cheap flights Madrid — Panama City

Madrid (MAD, ES) Panama City (PTY, PA)
from $332 8 162 km ~10h 6m 46 flights found 9 airlines cheapest on Thursday
Reverse route
How many travellers?
Adults
12+ years
1
Children
2–11 years
0
Infants
under 2
0
Choose your departure date
Cheapest: $332 on 24.01.2027
Prices shown are from searches by other travellers over the last 24 hours. Missing a date? Click any day — we'll find tickets anyway.
November 2026
Mo
Tu
We
Th
Fr
Sa
Su
December 2026
Mo
Tu
We
Th
Fr
Sa
Su
January 2027
Mo
Tu
We
Th
Fr
Sa
Su
Prices found for 43 of 90 days. Prices update as more travellers search. Click any date to search live.
Depart
—
Return
—
Cheapest flights found
24 Jan 2027, Sun
avianca airlines AV 183
12:10
MAD Adolfo Suarez Madrid-Barajas Airport
00:15
PTY Tocumen International Airport
12h 5m 1 stop
Kiwi.com
$332
View this ticket
29 Jan 2027, Fri
avianca airlines AV 183
12:10
MAD Adolfo Suarez Madrid-Barajas Airport
00:15
PTY Tocumen International Airport
12h 5m 1 stop
Aviakassa
$357
View this ticket
17 Nov 2026, Tue
Iberia IB 725
19:20
MAD Adolfo Suarez Madrid-Barajas Airport
10:45
PTY Tocumen International Airport
15h 25m 2 stops
City.Travel
$522
View this ticket
23 Nov 2026, Mon
Iberia IB 591
23:40
MAD Adolfo Suarez Madrid-Barajas Airport
14:35
PTY Tocumen International Airport
14h 55m 2 stops
City.Travel
$527
View this ticket
18 Nov 2026, Wed
Iberia IB 723
18:45
MAD Adolfo Suarez Madrid-Barajas Airport
10:10
PTY Tocumen International Airport
15h 25m 2 stops
City.Travel
$532
View this ticket
24 Jan 2027, Sun
Air Europa UX 55
17:10
MAD Adolfo Suarez Madrid-Barajas Airport
03:45
PTY Tocumen International Airport
10h 35m Direct
Kiwi.com
$628
View this ticket
Route characteristics
Distance
8 162 km
Flight time
10h 6m
Time difference
-6h
Minimum price
from $332 (24.01.2027)
Average price
$640
Maximum price
$806
Departures per week
4
Cheapest day
Thursday
Departure airports (1)
MAD Adolfo Suarez Madrid-Barajas Airport
Arrival airports (1)
PTY Tocumen International Airport
Airlines (9)
AV avianca airlines IB Iberia UX Air Europa AF Air France BA British Airways FR Ryanair W9 Wizz Air UK W4 Wizz Air Malta TO Transavia France
Agencies (9)
Kiwi.com Aviakassa City.Travel Wingie Авиасейлс Trip.com Kupi.com Farera Tickets
Prices by day of week
Monday
$527
avg $527
Tuesday
$522
avg $522
Wednesday
$532
avg $532
Friday
$357
avg $357
Sunday
$332
avg $480
Price trend by month
November 2026
from $522
avg $527
3 flights
January 2027
from $332
avg $439
3 flights
Airlines — cheapest prices 9
avianca airlines
avianca airlines
5 flights · 5 days
$332
Iberia
Iberia
12 flights · 11 days
$522
Air Europa
Air Europa
21 flights · 21 days
$628
Air France
Air France
1 flights · 1 days
$632
British Airways
British Airways
1 flights · 1 days
$653
Ryanair
Ryanair
Low-cost 1 flights · 1 days
$654
Wizz Air UK
Wizz Air UK
1 flights · 1 days
$705
Wizz Air Malta
Wizz Air Malta
Low-cost 2 flights · 2 days
$727
Transavia France
Transavia France
Low-cost 2 flights · 2 days
$747
Where to buy tickets 9
Kiwi.com
6 tickets · 5 days
from $332
Aviakassa
8 tickets · 8 days
from $357
City.Travel
6 tickets · 6 days
from $522
Wingie
2 tickets · 2 days
from $635
Авиасейлс
1 tickets · 1 days
from $653
Trip.com
9 tickets · 8 days
from $669
Kupi.com
7 tickets · 7 days
from $705
Farera
6 tickets · 5 days
from $729
Tickets
1 tickets · 1 days
from $1 009
Airports

From — Madrid (1)

  • MAD Adolfo Suarez Madrid-Barajas Airport

To — Panama City (1)

  • PTY Tocumen International Airport
Other destinations from Madrid
Aarhus
DK
Acapulco
MX
Accra
GH
Arrecife
ES
Addis Ababa
ET
Adelaide
AU
Adler/Sochi
RU
Aalesund
NO
Agadir
MA
Malaga
ES · Hub
Alghero
IT
Ajaccio
FR
Frequently asked questions about the route Madrid — Panama City
How long is the flight from Madrid to Panama City?
Approximate flight time — 10h 6m. This is an average for a direct flight. With connections, the time may be longer.
What is the distance from Madrid to Panama City?
The straight-line distance — 8 162 km.
How much do flights from Madrid to Panama City cost?
The minimum price over 3 months — from $332 on 24.01.2027.
What is the average ticket price?
The average price — $640. Range: $332 — $806.
What is the time difference between Madrid and Panama City?
The difference — -6h.
From which airports does Madrid operate flights?
From Madrid: MAD (Adolfo Suarez Madrid-Barajas Airport).
To which airports in Panama City do flights arrive?
To Panama City: PTY (Tocumen International Airport).
Which airlines fly this route?
This route is served by 9 airlines: avianca airlines, Iberia, Air Europa, Air France, British Airways, Ryanair, Wizz Air UK, Wizz Air Malta.
Are there direct flights?
Yes, there are direct flights. Minimum direct price — from $628. Total direct flights found: 1.
Which day of the week is cheapest?
The cheapest day of the week — Thursday.
When is the best time to buy tickets?
Optimal — 1–3 months before departure. Check the calendar above — it shows the best dates.
How do I book flights?
Click "View this ticket" on any flight card — you'll be redirected to the booking page with this specific ticket pre-selected.
About the route Madrid — Panama City

Flights Madrid — Panama City is a popular route. The straight-line distance is 8 162 km. Flight time 10h 6m. Time difference -6h.

From Madrid (MAD) flights depart from 1 airport: MAD. To Panama City (PTY) — 1 arrival airport: PTY.

9 airlines operate on this route: avianca airlines, Iberia, Air Europa, Air France, British Airways, Ryanair, Wizz Air UK, Wizz Air Malta.

The minimum price for the next 3 months — from $332 (24.01.2027). The cheapest dates are highlighted in the calendar above.

The average ticket price — $640, ranging from $332 to $806. Book 1–3 months in advance to get the best deals.

Cheapest day to fly — Thursday.

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