AirHint found the following cheapest return flights from Panama City (PTY) to Madrid (MAD) in July 2025 (see full year).

Return flights

27 Jul - 18 Aug	KLM
27 Jul - 18 Aug	Air Europa	direct
16 Jul - 17 Aug	KLM
22 Jul - 19 Aug	Air France
16 Jul - 26 Jul	KLM
18 Jul - 25 Jul	Air France
21 Jul - 11 Aug	Air Europa	direct
16 Jul - 21 Jul	KLM
30 Jul - 16 Aug	Air Europa	direct
17 Jul - 21 Jul	KLM
16 Jul - 17 Aug	Air Europa	direct
17 Jul - 24 Jul	KLM
15 Jul - 17 Jul	KLM
16 Jul - 23 Jul	KLM
23 Jul - 30 Jul	Air France
23 Jul - 29 Jul	Air France
18 Jul - 22 Jul	United
24 Jul - 08 Aug	KLM
19 Jul - 04 Aug	KLM
20 Jul - 04 Aug	KLM

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

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 July from $847

Return flights