￥80,585 Cheap Flights from Panama City (PTY) to Madrid (MAD)

View ￥80,585 flight on Mon, Nov 17, 2025Opens in a new window

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

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

Prices were available within the past 7 days and start at ￥80,585 for one-way flights and ￥121,290 for round trip, for the period specified. Prices and availability are subject to change. Additional terms apply.

Air Europa
Sat, Sep 12 - Fri, Sep 18
PTY
Panama City
MAD
Madrid
￥121,290 Roundtrip, found 2 days ago
￥121,290
Roundtrip
found 2 days ago
Select Air Europa flight, departing Sat, Sep 12 from Panama City to Madrid, returning Fri, Sep 18, priced at ￥121,290 found 2 days ago
Air France
Wed, Dec 24 - Tue, Dec 30
PTY
Panama City
MAD
Madrid
￥125,120 Roundtrip, found 6 days ago
￥125,120
Roundtrip
found 6 days ago
Select Air France flight, departing Wed, Dec 24 from Panama City to Madrid, returning Tue, Dec 30, priced at ￥125,120 found 6 days ago
Air France
Wed, Dec 24 - Tue, Dec 30
PTY
Panama City
MAD
Madrid
￥134,010 Roundtrip, found 6 days ago
￥134,010
Roundtrip
found 6 days ago
Select Air France flight, departing Wed, Dec 24 from Panama City to Madrid, returning Tue, Dec 30, priced at ￥134,010 found 6 days ago
KLM
Wed, Dec 24 - Tue, Dec 30
PTY
Panama City
MAD
Madrid
￥137,570 Roundtrip, found 6 days ago
￥137,570
Roundtrip
found 6 days ago
Select KLM flight, departing Wed, Dec 24 from Panama City to Madrid, returning Tue, Dec 30, priced at ￥137,570 found 6 days ago
Air France
Wed, Dec 24 - Tue, Dec 30
PTY
Panama City
MAD
Madrid
￥139,770 Roundtrip, found 6 days ago
￥139,770
Roundtrip
found 6 days ago
Select Air France flight, departing Wed, Dec 24 from Panama City to Madrid, returning Tue, Dec 30, priced at ￥139,770 found 6 days ago
Iberia
Sat, Sep 12 - Fri, Sep 18
PTY
Panama City
MAD
Madrid
￥146,750 Roundtrip, found 2 days ago
￥146,750
Roundtrip
found 2 days ago
Select Iberia flight, departing Sat, Sep 12 from Panama City to Madrid, returning Fri, Sep 18, priced at ￥146,750 found 2 days ago
Air France
Wed, Dec 24 - Tue, Dec 30
PTY
Panama City
MAD
Madrid
￥148,460 Roundtrip, found 6 days ago
￥148,460
Roundtrip
found 6 days ago
Select Air France flight, departing Wed, Dec 24 from Panama City to Madrid, returning Tue, Dec 30, priced at ￥148,460 found 6 days ago
KLM
Wed, Dec 24 - Tue, Dec 30
PTY
Panama City
MAD
Madrid
￥152,120 Roundtrip, found 6 days ago
￥152,120
Roundtrip
found 6 days ago
Select KLM flight, departing Wed, Dec 24 from Panama City to Madrid, returning Tue, Dec 30, priced at ￥152,120 found 6 days ago
Air Europa
Wed, Dec 24 - Tue, Dec 30
PTY
Panama City
MAD
Madrid
￥156,620 Roundtrip, found 6 days ago
￥156,620
Roundtrip
found 6 days ago
Select Air Europa flight, departing Wed, Dec 24 from Panama City to Madrid, returning Tue, Dec 30, priced at ￥156,620 found 6 days ago
avianca
Sat, Sep 12 - Fri, Sep 18
PTY
Panama City
MAD
Madrid
￥160,810 Roundtrip, found 2 days ago
￥160,810
Roundtrip
found 2 days ago
Select avianca flight, departing Sat, Sep 12 from Panama City to Madrid, returning Fri, Sep 18, priced at ￥160,810 found 2 days ago

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

February is typically the cheapest month to fly

From ￥96,628 - ￥151,842 per traveler.

Frequently asked questions

How much is a flight from PTY to Madrid–Barajas Airport?
The lowest price advertised for a round-trip journey from Panama Airport to Madrid Airport is ￥121,290. But you better get a move on. This price is taken from fares available 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 Panama Airport to Madrid–Barajas Airport?
Most flights can be conveniently canceled online, but whether you incur a fee differs between airlines. If you do need to cancel your break, follow the instructions in the Customer Service Portal.
How do I find cheap flights from Tocumen Intl. Airport (PTY) to MAD 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 Panama Airport to Adolfo Suarez Madrid-Barajas Airport (MAD) flights, you'll see a "no change fees" filter for you to select.
How many hours is the flight from Panama Airport to Adolfo Suarez Madrid-Barajas Airport (MAD)?
It takes roughly 12 hours and 55 minutes to fly from Tocumen Intl. Airport (PTY) to MAD. If you're planning to get some sleep, bring your neck pillow, some earplugs and something to keep you warm.
How far is the flight from Tocumen Intl. Airport (PTY) to Adolfo Suarez Madrid-Barajas Airport (MAD)?
The distance is around 8,200 kilometers. Travel pillow? Check. Toothbrush? Check. We suggest you pack all the essentials for this long-haul Tocumen to Madrid flight.
Which airlines fly direct from Tocumen Intl. Airport (PTY) to Madrid–Barajas Airport?
With 30 monthly flights from PTY to Madrid Airport, Iberia (IB) is a great choice. For more options, check out the deals with Air Europa (UX). This carrier offers 21 flights monthly between these airports.
Are Panama Airport to Madrid–Barajas Airport flight tickets cheaper when they're purchased at the last minute?
It is possible to get great last-minute deals from Panama Airport to Madrid–Barajas Airport, but it's also possible to miss out altogether! As many airlines release prices up to 12 months in advance, it's worthwhile keeping an eye on fares early and being ready to book when you see a bargain. Expedia compares air carrier prices and updates flight deals often, so you can be sure you're always seeing the latest offers.

Travel information

Origin airport
Tocumen Intl.
Destination airport
Adolfo Suárez Madrid-Barajas
Roundtrip price
￥121,290
Distance
8109 km
Average flight time
15 hours 50 mins

Book with confidence

Panama City to Madrid Flights

Sometimes you just need to get out of town or maybe you’re looking for a change of scenery. Regardless of the reason, a flight from Panama City to will do just the trick! Go on, plan to see all the famous landmarks and eat your weight in the local cuisine. Your trip is beckoning, so answer the call by packing your suitcase and filling your travel itinerary with exploring Madrid.

Whether you’re flying for business or jet-setting on your personal time, you’ve come to the right place. Here at Expedia.com, we’ll pair you up with PTY to MAD flights that won’t make your bank account wince. Ready to temporarily leave behind Panama City for new horizons? Browse through our cheap airfare, and filter by flight times and dates until you find just what you had in mind. From flights without layovers to ones that arrive early in the morning, you’ll come across plane tickets that suit your travel preferences. You can even bundle your flight to MAD with hotels and car rentals to score even bigger savings.

All set to hit the clouds? Book your travel arrangements with us today and have left-over money to put toward your travel outings and adventures.

Panama City to Madrid Flights

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