Cheapest return flights from Panama City to Madrid in January from $658

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

Return flights

31 Jan - 08 Feb KLM
26 Jan - 02 Feb KLM
31 Jan - 15 Feb Air France
27 Jan - 09 Feb Air France
31 Jan - 09 Feb KLM
31 Jan - 14 Feb KLM
29 Jan - 12 Feb Avianca
26 Jan - 12 Feb KLM
27 Jan - 03 Feb KLM
31 Jan - 11 Feb KLM
25 Jan - 31 Jan Air France
25 Jan - 26 Jan Avianca
25 Jan - 26 Jan Air Europa direct

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

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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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