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

Return flights

09 Mar - 19 Mar	Avianca
02 Mar - 13 Mar	Avianca
07 Mar - 21 Mar	Air France
11 Mar - 25 Mar	Iberia	direct
18 Mar - 25 Apr	Turkish Airlines
09 Mar - 19 Mar	Air Europa	direct
05 Mar - 12 Mar	Air Europa	direct
29 Mar - 06 Apr	Turkish Airlines
07 Mar - 21 Mar	Iberia	direct
18 Mar - 25 Apr	Air Europa	direct
15 Mar - 11 Apr	Air Europa	direct
04 Mar - 21 Mar	Air France
29 Mar - 06 Apr	Air Europa	direct
23 Mar - 29 Mar	Air Europa	direct
04 Mar - 21 Mar	Copa	direct

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

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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Cheapest return flights from Panama City to Madrid in March from $675

Return flights