Flights Madrid to Panama City
For the best Madrid – Panama City fares, aim for November (€582 seen) rather than October (€786).
Leaving on a Friday is cheapest on average (€582).
Direct flights operate on this route (about 10 h 35).
This page is based on 2 prices seen over the last 60 days.
Updated September 23, 2026
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€582Lowest price seen (60 d)
€684Median price
10 h 35Direct flight
2Prices recorded
Prices by departure month
Airlines seen
Air Europa
Door-to-door cost
The real cost includes getting to the airport (fuel, tolls, parking or train), luggage and the transfer on arrival. Add your address in the form to calculate it.
Frequently asked questions
What is the cheapest month to fly Madrid – Panama City?
Based on prices seen, November (from €582).
Are there direct flights between Madrid and Panama City?
Yes, taking about 10 h 35.
Which airport is closest to Panama City city centre?
Panama City Marcos A. Gelabert (PAC), 5 km from Panama City centre.
Nearby destinations, same departure
See also
Prices are indicative and dated. The final price is confirmed on the partner’s site.