Madrid → Panama City flights

Madrid (MAD)→Panama City (PAC, PTY)

from€646

Last observed price · Last checked: 24 Aug 2026 · Price may change

Direct flights only

Short answer

Iberia flies Madrid to Panama City non-stop. The lowest fare our own searches returned is €646, seen on 24 Aug 2026. The average across the fares we caught is €793. November 2026 is the cheapest month in our observations, at €646. These are prices our searches returned on the dates shown, not quotes; run a live search for today's fare.

Selected search

Last checked: 24 Aug 2026 · Price may change

€646

Tue 3 Nov 2026 → Fri 13 Nov 2026

Avianca1 stop10 nights

Cheapest

Last checked: 24 Aug 2026 · Price may change

€646 lowest€793 average12h 05m fastest

Options found on this date

AVAvianca08:10 · 1 stop€646

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Tickets found in the last 7 days

The lowest fares our queries caught, cheapest first.

AV€646Cheapest3 Nov 2026 → 13 Nov 2026Avianca · 1 stop · 08:10 - 20:15 · 12h 05mLast checked: 24 Aug 2026 · Price may change10 nightsView ticket →AV€67911 Nov 2026 → 24 Nov 2026Avianca · 1 stop · 08:10Last checked: 24 Aug 2026 · Price may change13 nightsView ticket →

€71928 Oct 2026 → 9 Nov 2026Air Europa · Non-stop · 15:10Last checked: 24 Aug 2026 · Price may change12 nightsView ticket →

€74410 Sep 2026 → 23 Sep 2026Air Europa · Non-stop · 15:05Last checked: 24 Aug 2026 · Price may change13 nightsView ticket →

€75130 Oct 2026 → 9 Nov 2026Air Europa · Non-stop · 15:10Last checked: 24 Aug 2026 · Price may change10 nightsView ticket →

€82512 Nov 2026 → 25 Nov 2026Turkish Airlines · 1 stop · 14:20Last checked: 24 Aug 2026 · Price may change13 nightsView ticket →

€83515 Jan 2027 → 22 Jan 2027Turkish Airlines · 1 stop · 14:20Last checked: 24 Aug 2026 · Price may change7 nightsView ticket →

€84712 Sep 2026 → 20 Sep 2026KLM · 1 stop · 06:00Last checked: 24 Aug 2026 · Price may change8 nightsView ticket →

Starting prices by month

The lowest fare our queries observed in each month. Open a month to see its days; click a day with no price and we will search it for you.

Observed priceLowest monthno price observedLast checked: 24 Aug 2026

Madrid → Panama CityTue 3 Nov 2026 · €646

Route facts

Direct flights

Non-stop

MAD - PAC, 12h 05m

Airlines seen

1

Iberia

Cheapest month

November 2026

€646

Average observed

€793

Typical duration

12h 05m

8162 km

Alternative airports

1

PTY

Frequently asked

Are there direct flights from Madrid to Panama City?+

Yes. We have seen non-stop flights on this route, flown by Iberia.

How much is a flight from Madrid to Panama City?+

The lowest fare we have observed is €646, found on 24 Aug 2026. Prices move, so read it as a floor rather than a quote.

Which airlines fly from Madrid to Panama City?+

These are the carriers we have seen on the route: Iberia.

When is the cheapest month to fly from Madrid to Panama City?+

In our observations November 2026 is the cheapest month so far, at €646.

Similar routes

Panama City → Madrid€638 Madrid → Istanbul€151 Istanbul → Panama City€853 Madrid → Paris€64 San Salvador → Panama City€260 Madrid → Rome€59 Tampa → Panama City€386 Madrid → Amsterdam€137

More routes to Panama City

Istanbul → Panama City€853 San Salvador → Panama City€260 Tampa → Panama City€386 San Jose → Panama City€234 Montego Bay → Panama City€524 Miami → Panama City€316 Sint Maarten → Panama City€494 Bogota → Panama City€291 Guayaquil → Panama City€408 Managua → Panama City€369 Havana → Panama City€408 Bridgetown → Panama City€785 Kingston → Panama City€381 Washington → Panama City€466 Lima → Panama City€418 Toronto → Panama City€540 New York → Panama City€304 Frankfurt → Panama City€732 Amsterdam → Panama City€692 Los Angeles → Panama City€396 Port Of Spain → Panama City€690 Caracas → Panama City€610 Atlanta → Panama City€546 Belize City → Panama City€1,043 Victoria → Panama City€514 Montreal → Panama City€527 Paris → Panama City€811 Mexico City → Panama City€340 Buenos Aires → Panama City€579 Santiago → Panama City€520

Last checked: 24 Aug 2026