Fare Guide

Estimated lowest fares found within 7 days

Cheapest Airline Air Europa

The cheapest airline(s) flying from Panama City to Madrid is Air Europa.

  • Air Europa Air Europa
  • Air France Air France
  • KLM KLM
  • Turkish Airlines Turkish Airlines
  • Iberia Iberia
  • Avianca Avianca
  • American Airlines American Airlines
  • United Airlines United Airlines
  • Aeromexico Aeromexico
Cheapest Month July

Travel Period: April 2025 - March 2026

The cheapest month(s) to fly from Panama City to Madrid is July.

  • Apr 2025
  • May 2025
  • Jun 2025
  • Jul 2025
  • Aug 2025
  • Sep 2025
  • Oct 2025
  • Nov 2025
  • Dec 2025
  • Jan 2026
  • Feb 2026
  • Mar 2026
Cheapest Day of the Week Wednesday

The cheapest day(s) of the week to fly from Panama City to Madrid is Wednesday.

  • Sun Sunday
  • Mon Monday
  • Tue Tuesday
  • Wed Wednesday
  • Thu Thursday
  • Fri Friday
  • Sat Saturday

Flight Schedules

Last Updated: Sun, 2 Mar, 2025

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    • Airline Filter by Airline
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      • Availability
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      • 03:19 PTY
        22:35 MAD
        13Hrs, 16m 1 Stop (BOG)
      • PTYPanama City Tocumen International Airport 03:19 - MAD 22:35 13h 16m 1 Stop (BOG) Bogota
      • PTYPanama City Tocumen International Airport 03:19
        BOGBogota Airport 07:00
      • BOGBogota Airport 04:54
        MADMadrid Barajas Airport 22:35
      • 13h 16m (2h 06m)
      • 1 Stop BOG · Bogota 2h 06m
      • Avianca (AV 41)Airbus
        Avianca (AV 46)Boeing 787 8
      • Avianca (AV 41)
        • M
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        • T
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        • S
        • S
      • 11:25 PTY
        06:30 MAD
        13Hrs, 05m 1 Stop (BOG)
      • PTYPanama City Tocumen International Airport 11:25 - MAD 06:30 13h 05m 1 Stop (BOG) Bogota
      • PTYPanama City Tocumen International Airport 11:25
        BOGBogota Airport 14:55
      • BOGBogota Airport 13:00
        MADMadrid Barajas Airport 06:30
      • 13h 05m (1h 55m)
      • 1 Stop BOG · Bogota 1h 55m
      • Avianca (AV 8383)Airbus
        Avianca (AV 26)Boeing 787 8
      • Avianca (AV 8383)
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      • 11:25 PTY
        06:30 MAD
        13Hrs, 05m 1 Stop (BOG)
      • PTYPanama City Tocumen International Airport 11:25 - MAD 06:30 13h 05m 1 Stop (BOG) Bogota
      • PTYPanama City Tocumen International Airport 11:25
        BOGBogota Airport 14:55
      • BOGBogota Airport 13:00
        MADMadrid Barajas Airport 06:30
      • 13h 05m (1h 55m)
      • 1 Stop BOG · Bogota 1h 55m
      • Avianca (AV 59)Airbus A320 Neo
        Avianca (AV 26)Boeing 787 8
      • Avianca (AV 59)
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      • 11:25 PTY
        08:55 MAD
        15Hrs, 30m 1 Stop (BOG)
      • PTYPanama City Tocumen International Airport 11:25 - MAD 08:55 15h 30m 1 Stop (BOG) Bogota
      • PTYPanama City Tocumen International Airport 11:25
        BOGBogota Airport 17:25
      • BOGBogota Airport 13:00
        MADMadrid Barajas Airport 08:55
      • 15h 30m (4h 25m)
      • 1 Stop BOG · Bogota 4h 25m
      • Avianca (AV 59)Airbus A320 Neo
        Avianca (AV 182)Boeing 787 8
      • Avianca (AV 59)
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      • 11:25 PTY
        08:55 MAD
        15Hrs, 30m 1 Stop (BOG)
      • PTYPanama City Tocumen International Airport 11:25 - MAD 08:55 15h 30m 1 Stop (BOG) Bogota
      • PTYPanama City Tocumen International Airport 11:25
        BOGBogota Airport 17:25
      • BOGBogota Airport 13:00
        MADMadrid Barajas Airport 08:55
      • 15h 30m (4h 25m)
      • 1 Stop BOG · Bogota 4h 25m
      • Avianca (AV 8383)Airbus
        Avianca (AV 182)Boeing 787 8
      • Avianca (AV 8383)
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      • 18:45 PTY
        16:05 MAD
        15Hrs, 20m 1 Stop (AMS)
      • PTYPanama City Tocumen International Airport 18:45 - MAD 16:05 15h 20m 1 Stop (AMS) Amsterdam
      • PTYPanama City Tocumen International Airport 18:45
        AMSAmsterdam Airport 13:30
      • AMSAmsterdam Airport 11:05
        MADMadrid Barajas Airport 16:05
      • 15h 20m (2h 25m)
      • 1 Stop AMS · Amsterdam 2h 25m
      • KLM (KL 758)Boeing Dreamliner Series 10
        KLM (KL 1505)Boeing 737 800
      • KLM (KL 758)
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      What’s the most popular airline flying from Panama City to Madrid?

      The most popular airline flying from Panama City to Madrid is Air Europa. Find the latest flight deals on Wego.

      How far is Madrid from Panama City?

      The flight distance between Panama City and Madrid is 8163km. Check all available flights on Wego.

      When is the earliest and latest flight of the day?

      The earliest flight of the day departs at 03:19. The last flight of the day departs at 03:19. See the full list of flight times on Wego.

      All Airports in Madrid

      Madrid Barajas Airport MAD

      Popular Airlines Flying From Panama City to Madrid

      Air Europa ‏()

      Popular Destinations From Madrid

      Popular Destinations From Panama City

      Popular Hotels in Madrid

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