₹54,918 Cheap Flights from Panama City (PTY) to Madrid (MAD)

View ₹54,918 flight on Sat, 24 Jan 2026Opens 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 (PTY) to Madrid (MAD)

Prices were available within the past 7 days and start at ₹54,918 for one-way flights and ₹81,886 for round trip, for the period specified. Prices and availability are subject to change. Additional terms apply.

Air Europa
Mon, 15 Dec - Sat, 10 Jan
PTY
Panama City
MAD
Madrid
₹81,886 Return, found 5 days ago
₹81,886
Return
found 5 days ago
Select Air Europa flight, departing Mon, 15 Dec from Panama City to Madrid, returning Sat, 10 Jan, priced at ₹81,886 found 5 days ago
KLM
Tue, 23 Sept - Mon, 29 Sept
PTY
Panama City
MAD
Madrid
₹84,433 Return, found 1 day ago
₹84,433
Return
found 1 day ago
Select KLM flight, departing Tue, 23 Sept from Panama City to Madrid, returning Mon, 29 Sept, priced at ₹84,433 found 1 day ago
Iberia
Mon, 15 Sept - Fri, 19 Sept
PTY
Panama City
MAD
Madrid
₹89,733 Return, found 6 days ago
₹89,733
Return
found 6 days ago
Select Iberia flight, departing Mon, 15 Sept from Panama City to Madrid, returning Fri, 19 Sept, priced at ₹89,733 found 6 days ago
Iberia
Tue, 23 Sept - Mon, 29 Sept
PTY
Panama City
MAD
Madrid
₹89,749 Return, found 1 day ago
₹89,749
Return
found 1 day ago
Select Iberia flight, departing Tue, 23 Sept from Panama City to Madrid, returning Mon, 29 Sept, priced at ₹89,749 found 1 day ago
KLM
Tue, 23 Sept - Mon, 29 Sept
PTY
Panama City
MAD
Madrid
₹93,622 Return, found 1 day ago
₹93,622
Return
found 1 day ago
Select KLM flight, departing Tue, 23 Sept from Panama City to Madrid, returning Mon, 29 Sept, priced at ₹93,622 found 1 day ago
Air Europa
Tue, 23 Sept - Mon, 29 Sept
PTY
Panama City
MAD
Madrid
₹96,897 Return, found 1 day ago
₹96,897
Return
found 1 day ago
Select Air Europa flight, departing Tue, 23 Sept from Panama City to Madrid, returning Mon, 29 Sept, priced at ₹96,897 found 1 day ago
Iberia
Mon, 15 Sept - Fri, 19 Sept
PTY
Panama City
MAD
Madrid
₹97,560 Return, found 6 days ago
₹97,560
Return
found 6 days ago
Select Iberia flight, departing Mon, 15 Sept from Panama City to Madrid, returning Fri, 19 Sept, priced at ₹97,560 found 6 days ago
Iberia
Tue, 23 Sept - Mon, 29 Sept
PTY
Panama City
MAD
Madrid
₹97,576 Return, found 1 day ago
₹97,576
Return
found 1 day ago
Select Iberia flight, departing Tue, 23 Sept from Panama City to Madrid, returning Mon, 29 Sept, priced at ₹97,576 found 1 day ago
American Airlines
Mon, 15 Dec - Sat, 10 Jan
PTY
Panama City
MAD
Madrid
₹99,541 Return, found 5 days ago
₹99,541
Return
found 5 days ago
Select American Airlines flight, departing Mon, 15 Dec from Panama City to Madrid, returning Sat, 10 Jan, priced at ₹99,541 found 5 days ago
Delta
Mon, 15 Dec - Sat, 10 Jan
PTY
Panama City
MAD
Madrid
₹151,407 Return, found 5 days ago
₹151,407
Return
found 5 days ago
Select Delta flight, departing Mon, 15 Dec from Panama City to Madrid, returning Sat, 10 Jan, priced at ₹151,407 found 5 days ago

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

February is typically the cheapest month to fly

From ₹57,083 - ₹87,392 per traveller.
Flight from Panama City to Madrid route information
Origin airport
Tocumen Intl.
Destination airport
Adolfo Suárez Madrid-Barajas
Return price
₹81,886
Distance
8109 km
Average flight time
16 hours 57 mins

Tocumen 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 Tocumen to Madrid 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 Tocumen 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.

Frequently asked questions

How much is a flight from Panama Airport to Adolfo Suarez Madrid-Barajas Airport (MAD)?
The lowest price advertised for a round-trip flight between Tocumen Intl. Airport (PTY) and Madrid–Barajas Airport is ₹81,886. But you better move fast. This figure is taken from fares quoted 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 PTY to Adolfo Suarez Madrid-Barajas Airport (MAD)?
This varies between air carriers, as each one has its own terms and conditions. Head to the Customer Service Portal, where there are easy instructions on how to cancel your flight online.
How do I find cheap flights from Panama Airport 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 PTY to Adolfo Suarez Madrid-Barajas Airport (MAD) flights, you'll see a "no change fees" filter for you to select.
How far is the flight from Tocumen Intl. Airport (PTY) to Madrid Airport?
With around 8,200 kilometres separating Tocumen and Madrid, your flight will be a long one. Pack wisely to make your journey more comfortable. Things like an eye mask and a cosy travel pillow should be in your carry-on bag.
Which airlines fly direct from Panama Airport to Adolfo Suarez Madrid-Barajas Airport (MAD)?
Many savvy travellers like to fly with Iberia (IB) from Tocumen Intl. Airport (PTY) to MAD. This popular airline offers 21 flights every month, so you can pick a flight time that's right for you. Another carrier operating on this route is Air Europa (UX). You'll have 17 flights each month to select from.
Are Panama Airport to Madrid–Barajas Airport flight tickets cheaper when they're purchased at the last minute?
Flight prices change all the time, so it's no sure thing. While last-minute flight deals between Panama Airport and Madrid Airport are possible, it also makes sense to keep an eye on prices well before you fly. In fact, some airlines publish their prices up to a year prior to the departure date. Expedia is constantly updating the biggest bargains around, so keep checking and be ready to lock in your seat when the price is right.

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