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  1. Flights
  2. Spain
  3. Madrid
  4. Panama City - Madrid

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

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Discover the cheapest flights from Panama City to Madrid
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Fri, Feb 6 - Mon, Feb 16
Klm Royal Dutch Airlines
Klm Royal Dutch Airlines1 stop
PTY - MAD
Air France
Air France1 stop
MAD - PTY
686$
657$
Prime price per passenger
Thu, Jan 29 - Mon, Feb 2
Iberia
IberiaDirect
PTY - MAD
Iberia
IberiaDirect
MAD - PTY
776$
754$
Prime price per passenger
Thu, Dec 25 - Wed, Dec 31
Iberia
IberiaDirect
PTY - MAD
Iberia
IberiaDirect
MAD - PTY
824$
816$
Prime price per passenger
Thu, Jan 15 - Sat, Jan 24
Air France
Air France2 stops
PTY - MAD
Klm Royal Dutch Airlines
Klm Royal Dutch Airlines1 stop
MAD - PTY
839$
836$
Prime price per passenger
Wed, Dec 31 - Tue, Jan 6
Air Europa
Air EuropaDirect
PTY - MAD
Air Europa
Air EuropaDirect
MAD - PTY
993$
985$
Prime price per passenger
Tue, Dec 9 - Wed, Dec 17
Iberia
IberiaDirect
PTY - MAD
Iberia
IberiaDirect
MAD - PTY
1046$
1024$
Prime price per passenger
Tue, Dec 9
Air Europa
Air EuropaDirect
PTY - MAD
529$
507$
Prime price per passenger
Fri, Dec 19
Avianca
Avianca1 stop
PTY - MAD
551$
530$
Prime price per passenger
Tue, Feb 10
Avianca
Avianca1 stop
PTY - MAD
554$
533$
Prime price per passenger
Sun, Jan 25
Avianca
Avianca1 stop
PTY - MAD
555$
534$
Prime price per passenger
Tue, Dec 30
Avianca
Avianca1 stop
PTY - MAD
555$
544$
Prime price per passenger
Sat, Jan 17
Avianca
Avianca1 stop
PTY - MAD
559$
556$
Prime price per passenger
Prices shown below were available within the past 3 days for the period specified and should not be considered the final price offered. Please note that availability and prices are subject to change.

Cheapest time to fly from Panama City to Madrid

Flexible with dates? We find the best price for the week of the day you select *Prices may vary after you search.
Filter by
week: Feb 2 - Feb 8
Flights from just $786
$1,214
$1,203
$1,069
$1,067
$1,348
$1,068
$917
$852
$786
$821
$841
$840
DecemberJanuaryFebruary
Flying Time12 h and 39 mWhen flying from Panama City to Madrid, this can take around 12 h and 39 m in flying time, however this flight duration can vary due to other factors
Cheapest flight$506The best price for flights from Panama City to Madrid offered by eDreams, which have been found by our customers in the last 3 days
Departure AirportTocumen International AirportTocumen International Airport is where you'll take off when flying from Panama City to Madrid
Arrival AirportAdolfo Suárez Madrid - BarajasYou'll land at Adolfo Suárez Madrid - Barajas when flying from Panama City to Madrid
Peak seasonSeptemberSeptember is the busiest time to fly from Panama City to Madrid according to search data results from our customers
Airlines operating this routeAir Europa, Iberia, Copa AirlinesAirline(s) that fly from Panama City to Madrid
Best time to bookAugustAugust is one of the most frequent times to fly to Madrid from Panama City according to real data from our customers
Airlines that fly from Panama City to Madrid
Iberia
Iberia
846$
Lufthansa
Lufthansa
1368$

Local currency and cost comparison

TrainLocal, one-way ticket
397%Trains are 397% more expensive in Madrid than in Panama City.
Panama City$0.35
Madrid$1.74
MealMid-priced restaurant
74%The average meal is 74% more expensive in Madrid than in Panama City.
Panama City$10.00
Madrid$17.37
TaxiStandard daytime start rate
62%Taxis are 62% more expensive in Madrid than in Panama City.
Panama City$2.50
Madrid$4.05
CoffeeRegular cappuccino
11%Coffee in Madrid is 11% cheaper than in Panama City.
Panama City$3.67
Madrid$3.25
Exchange rate
1 USD = 0.86 EUR
1 EUR = 1.17 USD
Last revised on Fri, 12/5
Distance: 5072 miles
Panama City airports
Tocumen International Airport (PTY)How far from city center: 2 miles
Marcos A Gelabert (PAC)How far from city center: 3 miles
Madrid airports
Adolfo Suárez Madrid - Barajas (MAD)How far from city center: 8 miles

Are you planning to travel to Madrid for vacations, business or family visits? eDreams offers you the cheapest flights and best deals departing from Panama City. With our fast search engine you will get a large selection of airfares from standard and low cost airlines worldwide and easily book your tickets for this route. If you are flexible we help you identify the cheapest day to fly to Madrid and if you need to leave soon you can check our most convenient last minute fares. Read all the useful information about your next destination and proceed to the reservation, indicating your flight dates and completing your travel booking with hotels and car rental!

Frequently asked questions about flights from Panama City to Madrid

What are the benefits of booking flexible flight tickets?
Using the flexible flight ticket, you're guaranteed a refund or a rebooking option (without fees) in case of flight cancellations when travelling to Spain. At eDreams have you covered!
For flights from Panama City to Madrid, how can I find the cheapest price?
The cheapest price for a flight from Panama City to Madrid is $507. At eDreams we use different machine learned based methodologies to find our costumers the best option available, considering airline combinations, stopovers and direct flights as well as different criteria for inbound and outbound journeys.
Is Madrid more expensive than Panama City to visit?
Looking at cab fares, a ride in Madrid costs about $ 4.05 USD, 62% more expensive than Panama City, with a fare of $ 2.50 USD,
while train tickets cost 397% more at Madrid: $ 1.74 USD versus $ 0.35 USD at Panama City.
If you compare the price of a lunch meal, however, you can find it from 17.37 USD in Madrid, 74% more than the 10.00 USD in Panama City.
The price of the coffee is around 11% cheaper in Madrid, with an average of 3.25 USD, while in Panama City the coffee costs 3.67 USD.
When booking, when is the best time to get the best prices for flights from Panama City to Madrid?
The most popular months to book a trip from Panama City to Madrid are August, September and January, based on the searches of our customers.
When is the best time to travel from Panama City to Madrid?
The best time of the year to visit Madrid depends on lots of personal preferences, especially the price. Regarding popularity, September is the best month to fly to Madrid from Panama City in terms of searches from our customers, followed by December and October. If you prefer to avoid the busy season and get away from the crowds March, November and August are the months with fewer searches for Panama City - Madrid.
How long does the flight from Panama City to Madrid take?
Flight length from Panama City to Madrid is around 12:39 hours on average, at an average distance of 9,787 km, for flights for the route (which may have 1 or more stops in other cities in between).

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