Cheap flights from Madrid to Panama City
The lowest fare found is €355. The cheapest month to fly is February.
Search live pricesSearch round-trip pricesLowest price by month
| October | €561 |
| November | €565 |
| December | €572 |
| January | €382 |
| February | €355 |
When is the cheapest time to fly from Madrid to Panama City?
Fares are typically lowest in February, starting from €355.
Popular routes
- Madrid → San Jose CR
- Madrid → Guatemala City
- Madrid → San Salvador
- Madrid → Atlanta
- Madrid → Dubai
- Madrid → Dallas
- Madrid → Tokyo
- Madrid → London
- Madrid → Denver
- Madrid → Istanbul
- Madrid → Los Angeles
- Madrid → Chicago
Prices updated 2026-09-09