₹36,141 Cheap Flights from Madrid (MAD) to Panama City (PTY)

View ₹36,141 flight on Sat, 4 Apr 2026Opens 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 (MAD) to Panama City (PTY)

Prices were available within the past 7 days and start at ₹36,141 for one-way flights and ₹78,337 for round trip, for the period specified. Prices and availability are subject to change. Additional terms apply.

Air Europa
Wed, 4 Feb - Mon, 9 Feb
MAD
Madrid
PTY
Panama City
₹78,337 Return, found 5 days ago
₹78,337
Return
found 5 days ago
Select Air Europa flight, departing Wed, 4 Feb from Madrid to Panama City, returning Mon, 9 Feb, priced at ₹78,337 found 5 days ago
American Airlines
Wed, 11 Feb - Thu, 26 Feb
MAD
Madrid
PTY
Panama City
₹82,085 Return, found 6 days ago
₹82,085
Return
found 6 days ago
Select American Airlines flight, departing Wed, 11 Feb from Madrid to Panama City, returning Thu, 26 Feb, priced at ₹82,085 found 6 days ago
Air Europa
Thu, 5 Feb - Mon, 9 Feb
MAD
Madrid
PTY
Panama City
₹82,537 Return, found 5 days ago
₹82,537
Return
found 5 days ago
Select Air Europa flight, departing Thu, 5 Feb from Madrid to Panama City, returning Mon, 9 Feb, priced at ₹82,537 found 5 days ago
KLM
Wed, 4 Feb - Mon, 9 Feb
MAD
Madrid
PTY
Panama City
₹83,999 Return, found 5 days ago
₹83,999
Return
found 5 days ago
Select KLM flight, departing Wed, 4 Feb from Madrid to Panama City, returning Mon, 9 Feb, priced at ₹83,999 found 5 days ago
Air Europa
Wed, 11 Feb - Thu, 26 Feb
MAD
Madrid
PTY
Panama City
₹84,205 Return, found 6 days ago
₹84,205
Return
found 6 days ago
Select Air Europa flight, departing Wed, 11 Feb from Madrid to Panama City, returning Thu, 26 Feb, priced at ₹84,205 found 6 days ago
American Airlines
Wed, 11 Feb - Thu, 26 Feb
MAD
Madrid
PTY
Panama City
₹85,235 Return, found 6 days ago
₹85,235
Return
found 6 days ago
Select American Airlines flight, departing Wed, 11 Feb from Madrid to Panama City, returning Thu, 26 Feb, priced at ₹85,235 found 6 days ago
American Airlines
Wed, 4 Feb - Mon, 9 Feb
MAD
Madrid
PTY
Panama City
₹86,909 Return, found 5 days ago
₹86,909
Return
found 5 days ago
Select American Airlines flight, departing Wed, 4 Feb from Madrid to Panama City, returning Mon, 9 Feb, priced at ₹86,909 found 5 days ago
American Airlines
Wed, 11 Feb - Thu, 26 Feb
MAD
Madrid
PTY
Panama City
₹86,996 Return, found 6 days ago
₹86,996
Return
found 6 days ago
Select American Airlines flight, departing Wed, 11 Feb from Madrid to Panama City, returning Thu, 26 Feb, priced at ₹86,996 found 6 days ago
United
Wed, 11 Feb - Thu, 26 Feb
MAD
Madrid
PTY
Panama City
₹88,918 Return, found 6 days ago
₹88,918
Return
found 6 days ago
Select United flight, departing Wed, 11 Feb from Madrid to Panama City, returning Thu, 26 Feb, priced at ₹88,918 found 6 days ago
Air France
Wed, 4 Feb - Mon, 9 Feb
MAD
Madrid
PTY
Panama City
₹90,732 Return, found 5 days ago
₹90,732
Return
found 5 days ago
Select Air France flight, departing Wed, 4 Feb from Madrid to Panama City, returning Mon, 9 Feb, priced at ₹90,732 found 5 days ago

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

May is typically the cheapest month to fly

From ₹47,804 - ₹76,143 per traveller.
Flight from Madrid to Panama City route information
Origin airport
Adolfo Suárez Madrid-Barajas
Destination airport
Tocumen Intl.
Return price
₹78,337
Distance
8109 km
Average flight time
4 hours 50 mins

Perfect flights from Madrid to Panama City

Embark on an unforgettable journey without breaking the bank with Expedia's incredible deals on cheap flights from Madrid to Panama City. Whether you're aching for a romantic escape with your partner, craving an adventurous solo expedition, or yearning to immerse yourself in the local history and culture, we've got you covered.
 
Picture yourself strolling through the streets of , surrounded by breathtaking architecture and absorbing the vibrant atmosphere of this captivating city. Indulge in the mouth-watering local specialties, from tantalizing street food to exquisite fine dining. With Expedia, you can experience all of this and more, without sacrificing your budget.
 
Our flexible Adolfo Suárez Madrid-Barajas to Tocumen Intl. ticket options cater to your travel preferences, with incredible one-way fares from ₹36,141 and roundtrip prices from ₹78,337. Whether you're planning a short city break or a longer adventure, our dynamic pricing ensures that you find the best deals for your journey.
 
But the magic doesn't stop there. Expedia offers a range of partner services to enhance your trip. Rent a car at Tocumen Intl. and explore and its surrounding areas at your own pace. Discover hidden gems off the beaten path, and create unforgettable memories. We also provide a handpicked selection of accommodations, from charming bed and breakfasts to luxury hotels, ensuring that you have a comfortable and memorable stay.
 
Planning your next great adventure is a breeze with Expedia. Our user-friendly platform, unbeatable prices, and round-the-clock customer support are designed to make your travel experience seamless and stress-free. So, why wait? Book your to travel arrangements today and embark on the journey of a lifetime in Panama City.

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 ₹78,337. 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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