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

Travel Period: May 2024 - April 2025

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

  • May 2024
  • Jun 2024
  • Jul 2024
  • Aug 2024
  • Sep 2024
  • Oct 2024
  • Nov 2024
  • Dec 2024
  • Jan 2025
  • Feb 2025
  • Mar 2025
  • Apr 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: Tue, 2 Apr, 2024

  • Depart Earliest
    • Earliest
    • Latest
  • Arrive
    • Earliest
    • Latest
  • Airline Filter by Airline
    All
  • Total Duration
    • Shortest
    • Longest
  • Stopover
    All
  • Availability
    • M
    • T
    • W
    • T
    • F
    • S
    • S
  • 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
    • M
    • -
    • W
    • -
    • -
    • S
    • S
  • Airbus Industrie A330 200
  • 15:00 - 18:35
    MAD - PTY
  • 15:00 (MAD)Madrid Barajas Airport
  • 18:35 (PTY)Panama City Tocumen International Airport
  • Air Europa (UX 55)Boeing 787 9
  • 10h 35m
  • Direct
    • M
    • T
    • W
    • T
    • F
    • -
    • S
  • 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)Airbus
    KLM (KL 757)Boeing Dreamliner Series 10
  • 17h 50m (04h 30m)
  • AMS Amsterdam 04h 30m
    • -
    • -
    • -
    • -
    • -
    • -
    • S
  • 06:00 - 08:25
    MAD - AMS
    13:00 - 16:50
    AMS - PTY
  • 06:00 (MAD)Madrid Barajas Airport
    13:00 (AMS)Amsterdam Airport
  • 08:25 (AMS)Amsterdam Airport
    16:50 (PTY)Panama City Tocumen International Airport
  • KLM (KL 1500)Airbus
    KLM (KL 757)Boeing 777 300 Er
  • 17h 50m (04h 35m)
  • AMS Amsterdam 04h 35m
    • -
    • -
    • -
    • -
    • -
    • S
    • -
  • 06:00 - 08:05
    MAD - CDG
    13:55 - 17:45
    CDG - PTY
  • 06:00 (MAD)Madrid Barajas Airport
    13:55 (CDG)Paris Charles de Gaulle Airport
  • 08:05 (CDG)Paris Charles de Gaulle Airport
    17:45 (PTY)Panama City Tocumen International Airport
  • Air France (AF 1401)Airbus
    Air France (AF 474)Boeing 787 9
  • 18h 45m (05h 50m)
  • CDG Paris 05h 50m
    • M
    • T
    • -
    • -
    • -
    • -
    • S
  • 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)Airbus
    KLM (KL 757)Boeing 777 300 Er
  • 17h 50m (04h 30m)
  • AMS Amsterdam 04h 30m
    • -
    • T
    • -
    • T
    • -
    • -
    • -
  • 06:10 - 08:15
    MAD - CDG
    13:55 - 17:45
    CDG - PTY
  • 06:10 (MAD)Madrid Barajas Airport
    13:55 (CDG)Paris Charles de Gaulle Airport
  • 08:15 (CDG)Paris Charles de Gaulle Airport
    17:45 (PTY)Panama City Tocumen International Airport
  • Air France (AF 1401)Airbus
    Air France (AF 474)Boeing 787 9
  • 18h 35m (05h 40m)
  • CDG Paris 05h 40m
    • -
    • -
    • -
    • T
    • -
    • 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 787 8
    KLM (KL 757)Boeing Dreamliner Series 10
  • 16h 45m (03h 15m)
  • AMS Amsterdam 03h 15m
    • -
    • -
    • -
    • -
    • -
    • -
    • 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 Dreamliner Series 10
  • 16h 45m (03h 15m)
  • AMS Amsterdam 03h 15m
    • M
    • -
    • -
    • -
    • -
    • -
    • -
  • 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 787 9
    KLM (KL 757)Boeing Dreamliner Series 10
  • 16h 45m (03h 15m)
  • AMS Amsterdam 03h 15m
    • -
    • -
    • -
    • -
    • -
    • -
    • S
  • 07:05 - 09:40
    MAD - AMS
    13:00 - 16:50
    AMS - PTY
  • 07:05 (MAD)Madrid Barajas Airport
    13:00 (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 (03h 20m)
  • AMS Amsterdam 03h 20m
    • -
    • -
    • -
    • -
    • -
    • 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 787 9
    KLM (KL 757)Boeing 777 300 Er
  • 16h 45m (03h 15m)
  • AMS Amsterdam 03h 15m
    • -
    • T
    • -
    • T
    • -
    • -
    • -
  • 09:40 - 12:50
    MAD - BOG
    15:00 - 16:45
    BOG - PTY
  • 09:40 (MAD)Madrid Barajas Airport
    15:00 (BOG)Bogota Airport
  • 12:50 (BOG)Bogota Airport
    16:45 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 27)Boeing 787 8
    Avianca (AV 60)Airbus
  • 14h 05m (02h 10m)
  • BOG Bogota 02h 10m
    • -
    • -
    • -
    • -
    • -
    • S
    • -
  • 09:40 - 12:50
    MAD - BOG
    19:05 - 20:45
    BOG - PTY
  • 09:40 (MAD)Madrid Barajas Airport
    19:05 (BOG)Bogota Airport
  • 12:50 (BOG)Bogota Airport
    20:45 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 27)Boeing 787 8
    Avianca (AV 56)Airbus
  • 18h 05m (06h 15m)
  • BOG Bogota 06h 15m
    • -
    • -
    • -
    • -
    • -
    • S
    • S
  • 09:40 - 12:50
    MAD - BOG
    19:05 - 20:45
    BOG - PTY
  • 09:40 (MAD)Madrid Barajas Airport
    19:05 (BOG)Bogota Airport
  • 12:50 (BOG)Bogota Airport
    20:45 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 27)Boeing 787 8
    Avianca (AV 56)Airbus A320 Neo
  • 18h 05m (06h 15m)
  • BOG Bogota 06h 15m
    • -
    • -
    • -
    • -
    • -
    • S
    • S
  • 09:40 - 12:50
    MAD - BOG
    14:59 - 16:45
    BOG - PTY
  • 09:40 (MAD)Madrid Barajas Airport
    14:59 (BOG)Bogota Airport
  • 12:50 (BOG)Bogota Airport
    16:45 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 27)Boeing 787 8
    Avianca (AV 60)Airbus
  • 14h 05m (02h 09m)
  • BOG Bogota 02h 09m
    • -
    • -
    • -
    • -
    • -
    • -
    • S
  • 09:40 - 12:50
    MAD - BOG
    14:35 - 15:50
    BOG - SJO
    16:59 - 19:22
    SJO - PTY
  • 09:40 (MAD)Madrid Barajas Airport
    14:35 (BOG)Bogota Airport
    16:59 (SJO)San Jose Juan Santamaria Airport
  • 12:50 (BOG)Bogota Airport
    15:50 (SJO)San Jose Juan Santamaria Airport
  • Avianca (AV 27)Boeing 787 8
    Avianca (AV 698)Airbus
    Copa Airlines (CM 115)Boeing 737 800
  • 16h 42m (02h 54m)
  • BOG, SJO Bogota, San Jose 02h 54m
    • -
    • -
    • -
    • -
    • -
    • S
    • S
  • 10:05 - 12:10
    MAD - CDG
    13:55 - 17:45
    CDG - PTY
  • 10:05 (MAD)Madrid Barajas Airport
    13:55 (CDG)Paris Charles de Gaulle Airport
  • 12:10 (CDG)Paris Charles de Gaulle Airport
    17:45 (PTY)Panama City Tocumen International Airport
  • Air France (AF 1001)Airbus
    Air France (AF 474)Boeing 787 9
  • 14h 40m (01h 45m)
  • CDG Paris 01h 45m
    • -
    • T
    • -
    • -
    • -
    • -
    • -
  • 10:05 - 12:10
    MAD - CDG
    13:55 - 17:45
    CDG - PTY
  • 10:05 (MAD)Madrid Barajas Airport
    13:55 (CDG)Paris Charles de Gaulle Airport
  • 12:10 (CDG)Paris Charles de Gaulle Airport
    17:45 (PTY)Panama City Tocumen International Airport
  • Air France (AF 1001)Airbus
    Air France (AF 474)Boeing 787 9
  • 14h 40m (01h 45m)
  • CDG Paris 01h 45m
    • -
    • -
    • -
    • -
    • -
    • S
    • S
  • 10:05 - 12:10
    MAD - CDG
    13:55 - 17:45
    CDG - PTY
  • 10:05 (MAD)Madrid Barajas Airport
    13:55 (CDG)Paris Charles de Gaulle Airport
  • 12:10 (CDG)Paris Charles de Gaulle Airport
    17:45 (PTY)Panama City Tocumen International Airport
  • Air France (AF 1001)Airbus A220 300
    Air France (AF 474)Boeing 787 9
  • 14h 40m (01h 45m)
  • CDG Paris 01h 45m
    • M
    • -
    • -
    • -
    • -
    • -
    • -
  • 10:05 - 12:10
    MAD - CDG
    13:55 - 17:45
    CDG - PTY
  • 10:05 (MAD)Madrid Barajas Airport
    13:55 (CDG)Paris Charles de Gaulle Airport
  • 12:10 (CDG)Paris Charles de Gaulle Airport
    17:45 (PTY)Panama City Tocumen International Airport
  • Air France (AF 1001)Airbus Industrie A320 Sharklets
    Air France (AF 474)Boeing 787 9
  • 14h 40m (01h 45m)
  • CDG Paris 01h 45m
    • -
    • -
    • -
    • T
    • -
    • -
    • -
  • 10:50 - 13:25
    MAD - EWR
    15:15 - 19:31
    EWR - PTY
  • 10:50 (MAD)Madrid Barajas Airport
    15:15 (EWR)Newark Liberty International Airport
  • 13:25 (EWR)Newark Liberty International Airport
    19:31 (PTY)Panama City Tocumen International Airport
  • United Airlines (UA 50)Boeing 767 400
    United Airlines (UA 1021)Boeing 737 900
  • 15h 41m (01h 50m)
  • EWR New York City 01h 50m
    • -
    • -
    • -
    • -
    • -
    • S
    • S
  • 11:15 - 13:55
    MAD - IAD
    16:31 - 20:34
    IAD - PTY
  • 11:15 (MAD)Madrid Barajas Airport
    16:31 (IAD)Washington Dulles International Airport
  • 13:55 (IAD)Washington Dulles International Airport
    20:34 (PTY)Panama City Tocumen International Airport
  • United Airlines (UA 261)Boeing 767 400
    Copa Airlines (CM 444)Boeing 737 Max 9 Passenger
  • 16h 19m (02h 36m)
  • IAD Washington 02h 36m
    • M
    • T
    • W
    • T
    • F
    • S
    • S
  • 11:30 - 14:50
    MAD - SJO
    16:59 - 19:22
    SJO - PTY
  • 11:30 (MAD)Madrid Barajas Airport
    16:59 (SJO)San Jose Juan Santamaria Airport
  • 14:50 (SJO)San Jose Juan Santamaria Airport
    19:22 (PTY)Panama City Tocumen International Airport
  • Iberia (IB 6317)Airbus Industrie A330 200
    Copa Airlines (CM 115)Boeing 737 800
  • 14h 52m (02h 09m)
  • SJO San Jose 02h 09m
    • -
    • -
    • -
    • -
    • -
    • S
    • S
  • 01:45 - 04:54
    MAD - BOG
    08:40 - 10:25
    BOG - PTY
  • 01:45 (MAD)Madrid Barajas Airport
    08:40 (BOG)Bogota Airport
  • 04:54 (BOG)Bogota Airport
    10:25 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 47)Boeing 787 8
    Avianca (AV 8380)Airbus
  • 15h 40m (03h 46m)
  • BOG Bogota 03h 46m
    • -
    • -
    • -
    • -
    • -
    • -
    • S
  • 01:45 - 04:54
    MAD - BOG
    08:40 - 10:25
    BOG - PTY
  • 01:45 (MAD)Madrid Barajas Airport
    08:40 (BOG)Bogota Airport
  • 04:54 (BOG)Bogota Airport
    10:25 (PTY)Panama City Tocumen International Airport
  • Avianca (AV 47)Boeing 787 8
    Avianca (AV 58)Airbus
  • 15h 40m (03h 46m)
  • BOG Bogota 03h 46m
    • -
    • -
    • W
    • -
    • -
    • -
    • -
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 04:00. The last flight of the day departs at 23:45. 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.