S$477 Cheap Flights from Madrid to Panama City

View S$477 flight on Tue, 23 Sep, 2025Opens in a new window

Popular airlines from Adolfo Suarez Madrid-Barajas Airport (MAD) to Tocumen Intl. Airport (PTY)

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

Prices were available within the past 7 days and start at S$477 for one-way flights and S$862 for round trip, for the period specified. Prices and availability are subject to change. Additional terms apply.

United
Tue, 23 Sep - Wed, 15 Oct
MAD
Madrid
PTY
Panama City
S$862 Return, found 4 days ago
S$862
Return
found 4 days ago
Select United flight, departing Tue, 23 Sep from Madrid to Panama City, returning Wed, 15 Oct, priced at S$862 found 4 days ago
United
Tue, 23 Sep - Wed, 15 Oct
MAD
Madrid
PTY
Panama City
S$862 Return, found 4 days ago
S$862
Return
found 4 days ago
Select United flight, departing Tue, 23 Sep from Madrid to Panama City, returning Wed, 15 Oct, priced at S$862 found 4 days ago
United
Tue, 23 Sep - Wed, 15 Oct
MAD
Madrid
PTY
Panama City
S$871 Return, found 4 days ago
S$871
Return
found 4 days ago
Select United flight, departing Tue, 23 Sep from Madrid to Panama City, returning Wed, 15 Oct, priced at S$871 found 4 days ago
United
Tue, 23 Sep - Wed, 15 Oct
MAD
Madrid
PTY
Panama City
S$877 Return, found 4 days ago
S$877
Return
found 4 days ago
Select United flight, departing Tue, 23 Sep from Madrid to Panama City, returning Wed, 15 Oct, priced at S$877 found 4 days ago
Lufthansa
Tue, 23 Sep - Wed, 15 Oct
MAD
Madrid
PTY
Panama City
S$903 Return, found 4 days ago
S$903
Return
found 4 days ago
Select Lufthansa flight, departing Tue, 23 Sep from Madrid to Panama City, returning Wed, 15 Oct, priced at S$903 found 4 days ago
avianca
Tue, 23 Sep - Wed, 15 Oct
MAD
Madrid
PTY
Panama City
S$953 Return, found 4 days ago
S$953
Return
found 4 days ago
Select avianca flight, departing Tue, 23 Sep from Madrid to Panama City, returning Wed, 15 Oct, priced at S$953 found 4 days ago
United
Fri, 5 Sep - Thu, 25 Sep
MAD
Madrid
PTY
Panama City
S$965 Return, found 4 days ago
S$965
Return
found 4 days ago
Select United flight, departing Fri, 5 Sep from Madrid to Panama City, returning Thu, 25 Sep, priced at S$965 found 4 days ago
United
Fri, 5 Sep - Thu, 25 Sep
MAD
Madrid
PTY
Panama City
S$971 Return, found 4 days ago
S$971
Return
found 4 days ago
Select United flight, departing Fri, 5 Sep from Madrid to Panama City, returning Thu, 25 Sep, priced at S$971 found 4 days ago
KLM
Fri, 5 Sep - Thu, 25 Sep
MAD
Madrid
PTY
Panama City
S$1,077 Return, found 4 days ago
S$1,077
Return
found 4 days ago
Select KLM flight, departing Fri, 5 Sep from Madrid to Panama City, returning Thu, 25 Sep, priced at S$1,077 found 4 days ago
Air France
Fri, 5 Sep - Thu, 25 Sep
MAD
Madrid
PTY
Panama City
S$1,082 Return, found 4 days ago
S$1,082
Return
found 4 days ago
Select Air France flight, departing Fri, 5 Sep from Madrid to Panama City, returning Thu, 25 Sep, priced at S$1,082 found 4 days ago

Find the cheapest month to fly from Madrid (MAD) to Panama City (PTY)

May is typically the cheapest month to fly

From S$689 - S$1,165 per traveller.

Graph displaying average flight prices per month

Madrid to Panama City route information
Origin airport
Adolfo Suárez Madrid-Barajas
Destination airport
Tocumen Intl.
Return price
S$862
Distance
8109 km
Average flight time
3 hours 37 mins

Flights from Madrid to Tocumen

There are several airlines that operate frequent flights from Madrid (MAD) to Panama (PTY) including

  • IBERIA with 66 flights a week
  • Air Europa with 32 flights a week
  • KLM with 26 flights a week
  • British Airways with 22 flights a week
  • Finnair with 22 flights a week

The earliest flight leaves Adolfo Suarez Madrid Barajas Airport at 12:00 and arrives at Tocumen Intl. Airport at 15:35. The last flight of the day departs Madrid at 12:10 and arrives at Panama at 17:05.

The flight distance from Madrid to Panama is about 8201 km, the shortest flight is 10 hours 35 minutes with Air Europa.

Expedia lets you search across the largest number of airlines and Tocumen flights, which means that you’ll be able to find a great flight deal at the perfect travel date and time. Our simple-to-use booking engine makes looking for terrific bargains easy and hassle-free; just enter your travel dates and departure city, and let Expedia do the rest! Adjust your travel dates and explore connecting flights to find an even better deal on your Madrid Tocumen flight!

Browse through dozens of options and rest assured that you’re seeing the best price guaranteed! Our friendly customer service representatives are here to serve you 24 hours day to provide assistance and answer any questions that you may have about booking your Madrid to Tocumen trip. There’s simply no substitute for great prices suited to your travel needs and backed by excellent customer support.

Combine your Tocumen flight with a hotel and/or car rental for a package deal designed to save you even more money! Discover additional savings by booking in advance or find a last minute deal. There are tons of ways to save on your flights from Madrid to Tocumen with Expedia. Use us as your stop travel destination and have the confidence that you’re getting a bargain!

Frequently asked questions

How much is a flight from MAD to PTY?
The lowest price advertised for a round-trip flight from MAD to PTY is S$862. But you better act fast. This figure is taken from fares offered within the last 7 days on Expedia for flights departing within the next year. Prices and availability are subject to change. Additional terms apply.
Do I need to pay a cancellation fee if I cancel my flight from Madrid–Barajas Airport to Panama Airport?
Most flights can be cancelled online, but whether or not you are charged a fee differs between airlines. If you do need to cancel your break, follow the easy instructions in the Customer Service Portal.
How do I find cheap flights from MAD to Tocumen Intl. Airport (PTY) that have flexible change policies?
Many airlines offer the option to reschedule your flight without a change fee. All you pay is the difference between the original flight and the new flight. When you're searching for MAD to PTY flights, you'll see a "no change fees" filter for you to select.
How far is the flight from MAD to Panama Airport?
The distance is around 8,200 kilometres, so fill your carry-on bag with all the things you need to make the long journey comfortable. Wondering what to take on board your Madrid to Tocumen flight? A sleep mask, earplugs and a neck pillow are among the essentials.
Which airlines fly direct from Madrid Airport to PTY?
Iberia (IB) is a top option. It offers 21 flights between Madrid Airport and Tocumen Intl. Airport (PTY) each month. Offering 17 flights each month along this route, Air Europa (UX) is another fantastic option.
Are Madrid Airport to PTY flight tickets cheaper when they're purchased at the last minute?
Last-minute planners can sometimes find a bargain, with some of the cheapest fares from Adolfo Suarez Madrid-Barajas Airport (MAD) to Panama Airport showing up a few weeks prior to the departure date. If you'd rather plan ahead, Expedia compares and updates all the best flight deals regularly — as early as a year in advance in some cases. It does depend on the carrier though, as not all airlines issue prices so far in advance.

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