Fare Guide

Estimated lowest fares found within 7 days

Cheapest Airline Air Europa

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

  • Air Europa Air Europa
  • Iberia Iberia
  • Air France Air France
  • KLM KLM
  • United Airlines United Airlines
  • Turkish Airlines Turkish Airlines
  • American Airlines American Airlines
  • Avianca Avianca
  • British Airways British Airways
  • Air Canada Air Canada
Cheapest Month May

Travel Period: April 2024 - March 2025

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

  • Apr 2024
  • May 2024
  • Jun 2024
  • Jul 2024
  • Aug 2024
  • Sep 2024
  • Oct 2024
  • Nov 2024
  • Dec 2024
  • Jan 2025
  • Feb 2025
  • Mar 2025
Cheapest Day of the Week Friday

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

  • Sun Sunday
  • Mon Monday
  • Tue Tuesday
  • Wed Wednesday
  • Thu Thursday
  • Fri Friday
  • Sat Saturday
Cheapest Time 3pm

The cheapest time of the day to fly from Madrid to Panama City is in the afternoon.

Early Morning 12:01am - 06:00am
Morning 6:01am - 12:00pm
Afternoon 12:01pm - 6:00pm
Evening 6:01pm to 12:00am
12am
6am
12pm
6pm

Flight Schedules

Last Updated: Sat, 2 Mar, 2024

  • Depart Earliest
    • Earliest
    • Latest
  • Arrive
    • Earliest
    • Latest
  • Airline Filter by Airline
    All
  • Total Duration
    • Shortest
    • Longest
  • Stopover
    All
  • Availability
    • M
    • T
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    • F
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  • 11:45 - 15:40
    MAD - PTY
  • 11:45 (MAD)Madrid Barajas Airport
  • 15:40 (PTY)Panama City Tocumen International Airport
  • Iberia (IB 6339)Airbus Industrie A330 200
  • 10h 55m
  • Direct
    • -
    • -
    • -
    • -
    • -
    • -
    • S
  • Airbus Industrie A330 200
  • 11:45 - 16:45
    MAD - PTY
  • 11:45 (MAD)Madrid Barajas Airport
  • 16:45 (PTY)Panama City Tocumen International Airport
  • Iberia (IB 6339)Airbus Industrie A330 200
  • 11h
  • Direct
    • -
    • T
    • W
    • -
    • F
    • -
    • -
  • Airbus Industrie A330 200
  • 15:05 - 18:40
    MAD - PTY
  • 15:05 (MAD)Madrid Barajas Airport
  • 18:40 (PTY)Panama City Tocumen International Airport
  • Air Europa (UX 55)Boeing 787 9
  • 10h 35m
  • Direct
    • -
    • -
    • -
    • -
    • -
    • -
    • S
  • Boeing 787 9
  • 15:10 - 19:45
    MAD - PTY
  • 15:10 (MAD)Madrid Barajas Airport
  • 19:45 (PTY)Panama City Tocumen International Airport
  • Air Europa (UX 55)Boeing 787 9
  • 10h 35m
  • Direct
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    • T
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    • -
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  • Boeing 787 9

Connecting Flights

  • 06:00 - 08:25
    MAD - AMS
    12:55 - 16:50
    AMS - PTY
  • 06:00 (MAD)Madrid Barajas Airport
    12:55 (AMS)Amsterdam Airport
  • 08:25 (AMS)Amsterdam Airport
    16:50 (PTY)Panama City Tocumen International Airport
  • KLM (KL 1500)Boeing 737 800
    KLM (KL 757)Boeing 777 300 Er
  • 17h 50m (4h 30m)
  • AMS Amsterdam 4h 30m
    • -
    • -
    • -
    • -
    • -
    • -
    • S
  • 06:00 - 08:40
    MAD - AMS
    11:20 - 16:25
    AMS - PTY
  • 06:00 (MAD)Madrid Barajas Airport
    11:20 (AMS)Amsterdam Airport
  • 08:40 (AMS)Amsterdam Airport
    16:25 (PTY)Panama City Tocumen International Airport
  • KLM (KL 1698)Boeing 737 800
    KLM (KL 757)Boeing Dreamliner Series 10
  • 16h 25m (2h 40m)
  • AMS Amsterdam 2h 40m
    • M
    • T
    • W
    • T
    • F
    • S
    • -
  • 06:00 - 08:20
    MAD - CDG
    13:50 - 19:15
    CDG - PTY
  • 06:00 (MAD)Madrid Barajas Airport
    13:50 (CDG)Paris Charles de Gaulle Airport
  • 08:20 (CDG)Paris Charles de Gaulle Airport
    19:15 (PTY)Panama City Tocumen International Airport
  • Air France (AF 1401)Airbus
    Air France (AF 474)Boeing 777 200
  • 19h 15m (5h 30m)
  • CDG Paris 5h 30m
    • -
    • -
    • W
    • -
    • F
    • S
    • -
  • 07:05 - 09:40
    MAD - AMS
    12:55 - 16:50
    AMS - PTY
  • 07:05 (MAD)Madrid Barajas Airport
    12:55 (AMS)Amsterdam Airport
  • 09:40 (AMS)Amsterdam Airport
    16:50 (PTY)Panama City Tocumen International Airport
  • Air Europa (UX 1091)Boeing 737 800
    KLM (KL 757)Boeing 777 300 Er
  • 16h 45m (3h 15m)
  • AMS Amsterdam 3h 15m
    • -
    • -
    • -
    • -
    • -
    • -
    • S
  • 07:05 - 09:40
    MAD - AMS
    11:20 - 16:25
    AMS - PTY
  • 07:05 (MAD)Madrid Barajas Airport
    11:20 (AMS)Amsterdam Airport
  • 09:40 (AMS)Amsterdam Airport
    16:25 (PTY)Panama City Tocumen International Airport
  • Air Europa (UX 1091)Boeing 787 9
    KLM (KL 757)Boeing Dreamliner Series 10
  • 15h 20m (1h 40m)
  • AMS Amsterdam 1h 40m
    • M
    • -
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    • T
    • F
    • S
    • -
  • 07:05 - 09:40
    MAD - AMS
    11:20 - 16:25
    AMS - PTY
  • 07:05 (MAD)Madrid Barajas Airport
    11:20 (AMS)Amsterdam Airport
  • 09:40 (AMS)Amsterdam Airport
    16:25 (PTY)Panama City Tocumen International Airport
  • Air Europa (UX 1091)Boeing 787 8
    KLM (KL 757)Boeing Dreamliner Series 10
  • 15h 20m (1h 40m)
  • AMS Amsterdam 1h 40m
    • -
    • T
    • -
    • -
    • -
    • -
    • -
  • 08:30 - 12:55
    MAD - BOG
    14:30 - 16:20
    BOG - PTY
  • 08:30 (MAD)Madrid Barajas Airport
    14:30 (BOG)Bogota Airport
  • 12:55 (BOG)Bogota Airport
    16:20 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 27)Boeing 787 8
    Avianca (AV 60)Airbus
  • 13h 50m (1h 35m)
  • BOG Bogota 1h 35m
    • M
    • T
    • W
    • T
    • F
    • S
    • -
  • 08:30 - 12:55
    MAD - BOG
    17:59 - 19:50
    BOG - PTY
  • 08:30 (MAD)Madrid Barajas Airport
    17:59 (BOG)Bogota Airport
  • 12:55 (BOG)Bogota Airport
    19:50 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 27)Boeing 787 8
    Avianca (AV 56)Airbus
  • 17h 20m (5h 04m)
  • BOG Bogota 5h 04m
    • M
    • T
    • W
    • T
    • F
    • -
    • -
  • 10:00 - 12:10
    MAD - CDG
    13:50 - 19:15
    CDG - PTY
  • 10:00 (MAD)Madrid Barajas Airport
    13:50 (CDG)Paris Charles de Gaulle Airport
  • 12:10 (CDG)Paris Charles de Gaulle Airport
    19:15 (PTY)Panama City Tocumen International Airport
  • Air France (AF 1001)Airbus
    Air France (AF 474)Boeing 777 200
  • 15h 15m (1h 40m)
  • CDG Paris 1h 40m
    • -
    • -
    • W
    • -
    • F
    • -
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  • 00:35 - 04:59
    MAD - BOG
    08:40 - 10:30
    BOG - PTY
  • 00:35 (MAD)Madrid Barajas Airport
    08:40 (BOG)Bogota Airport
  • 04:59 (BOG)Bogota Airport
    10:30 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 47)Boeing 787 8
    Avianca (AV 58)Airbus
  • 15h 55m (3h 41m)
  • BOG Bogota 3h 41m
    • -
    • T
    • -
    • -
    • F
    • -
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  • 00:35 - 04:59
    MAD - BOG
    08:40 - 10:30
    BOG - PTY
  • 00:35 (MAD)Madrid Barajas Airport
    08:40 (BOG)Bogota Airport
  • 04:59 (BOG)Bogota Airport
    10:30 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 47)Boeing 787 8
    Avianca (AV 8380)Airbus
  • 15h 55m (3h 41m)
  • BOG Bogota 3h 41m
    • M
    • -
    • W
    • -
    • -
    • -
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No Schedules Sorry, there are no schedules matching your filters. Try removing one. reset
What’s the fastest flight time from Madrid to Panama City?

The fastest flight time for direct flights from Madrid to Panama City is 10 hours 35 minutes. Check latest flight schedules & prices on Wego.

How far is Panama City from Madrid?

The flight distance between Madrid and Panama City 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 00:35. The last flight of the day departs at 06:00. See the full list of flight times on Wego.

How many airlines offer direct flights from Madrid to Panama City?

There are 2 airlines that offer direct flights from Madrid to Panama City. Find out the list of airlines on Wego.