Cheapest return flights from Madrid to Panama City in January from $653

Best time to book flights for Madrid (MAD) to Panama City (PTY) flights at AirHint

AirHint found the following cheapest return flights from Madrid (MAD) to Panama City (PTY) in January 2026 (see full year).

Return flights

19 Jan - 29 Jan KLM
29 Jan - 08 Feb KLM
29 Jan - 05 Feb KLM
28 Jan - 02 Feb Air Europa direct
26 Jan - 16 Feb Air Europa direct
29 Jan - 05 Feb Air Europa direct
31 Jan - 19 Feb Air Europa direct
21 Jan - 18 Feb Air Europa direct
28 Jan - 07 Feb KLM
21 Jan - 24 Jan Air Europa direct
08 Jan - 22 Jan KLM
17 Jan - 31 Jan Iberia direct
19 Jan - 29 Jan Air Europa direct
14 Jan - 31 Jan Air France
10 Jan - 24 Jan Delta
10 Jan - 25 Jan Delta
14 Jan - 31 Jan Iberia direct
10 Jan - 24 Jan Iberia direct

Also check the deals for one-way flights from Madrid to Panama City in January.

Skyscanner

The deals are updated regularly. The prices may go up as tickets are purchased by other travellers. Only the cheapest flights are offered. Select a price to book and secure these cheap prices.

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