Cheap flights from Madrid to Panama Canal Zone

View AU$559 flight on Mon, 8 Sep. 2025Opens in a new window

Popular airlines from Madrid to Panama Canal Zone

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Cheap Flights from Madrid (MAD) to Panama Canal Zone (PTY)

Prices were available within the past 7 days for one-way flights and round trip tickets for the period specified. Prices and availability are subject to change. Additional terms apply.

United
Wed, 7 Jan. - Wed, 21 Jan.
MAD
Madrid
PTY
Panama City
AU$1,025 Return, found 5 days ago
AU$1,025
Return
found 5 days ago
Select United flight, departing Wed, 7 Jan. from Madrid to Panama City, returning Wed, 21 Jan., priced at AU$1,025 found 5 days ago
United
Thu, 18 Sep. - Sat, 11 Oct.
MAD
Madrid
PTY
Panama City
AU$1,036 Return, found 6 days ago
AU$1,036
Return
found 6 days ago
Select United flight, departing Thu, 18 Sep. from Madrid to Panama City, returning Sat, 11 Oct., priced at AU$1,036 found 6 days ago
Air France
Thu, 18 Sep. - Sat, 11 Oct.
MAD
Madrid
PTY
Panama City
AU$1,120 Return, found 6 days ago
AU$1,120
Return
found 6 days ago
Select Air France flight, departing Thu, 18 Sep. from Madrid to Panama City, returning Sat, 11 Oct., priced at AU$1,120 found 6 days ago
avianca
Sun, 9 Nov. - Sat, 22 Nov.
MAD
Madrid
PTY
Panama City
AU$1,140 Return, found 3 days ago
AU$1,140
Return
found 3 days ago
Select avianca flight, departing Sun, 9 Nov. from Madrid to Panama City, returning Sat, 22 Nov., priced at AU$1,140 found 3 days ago
Delta
Sun, 9 Nov. - Sat, 22 Nov.
MAD
Madrid
PTY
Panama City
AU$1,168 Return, found 3 days ago
AU$1,168
Return
found 3 days ago
Select Delta flight, departing Sun, 9 Nov. from Madrid to Panama City, returning Sat, 22 Nov., priced at AU$1,168 found 3 days ago
Air Europa
Mon, 6 Oct. - Mon, 13 Oct.
MAD
Madrid
PTY
Panama City
AU$1,184 Return, found 3 days ago
AU$1,184
Return
found 3 days ago
Select Air Europa flight, departing Mon, 6 Oct. from Madrid to Panama City, returning Mon, 13 Oct., priced at AU$1,184 found 3 days ago

Find the cheapest month to fly from Madrid (MAD) to Panama City (PTY)

May is typically the cheapest month to fly

From AU$822 - AU$1,392 per traveller.

Graph displaying average flight prices per month

*Available to Expedia members.