Search Flights from Madrid to Panama City

Quick Flight Summary from Madrid to Panama City

  • Lowest recent price
    $588
  • Direct flight duration 10 hour 35 min
  • Direct airlines Air Europa, Iberia
  • Arrival airports PAC / PTY / RIH
  • Best days to book Tuesday, Thursday
  • Average over the last 30 days
    $617

Cheapest flights from Madrid to Panama City

Cheapest Direct Flight

Air Europa

Air Europa
31 Dec, Thu
Madrid – Panama City
10h 35m
Non-stop
MAD–PTY

Air Europa

Air Europa
8 Dec, Tue
Madrid – Panama City
10h 35m
Non-stop
MAD–PTY

Iberia

Iberia
15 Nov, Sun
Madrid – Panama City
1d 3h 43m
1 stop
MAD–PTY

Iberia

Iberia
11 Dec, Fri
Madrid – Panama City
1d 10h 13m
1 stop
MAD–PTY

Iberia

Iberia
20 Nov, Fri
Madrid – Panama City
15h
1 stop
MAD–PTY

Iberia

Iberia
2 Dec, Wed
Madrid – Panama City
14h 45m
1 stop
MAD–PTY

Iberia

Iberia
22 Nov, Sun
Madrid – Panama City
1d 4h 4m
1 stop
MAD–PTY

Iberia

Iberia
5 Dec, Sat
Madrid – Panama City
1d 7h 38m
1 stop
MAD–PTY

Iberia

Iberia
15 Dec, Tue
Madrid – Panama City
1d 7h 38m
1 stop
MAD–PTY

Last update: 15 November 2026 01:27

Direct flights from Madrid to Panama City

Air Europa
Iberia

Estimated Prices for Madrid to Panama City Flights

Cheapest Day8 December Tuesday
Best Price
$713
Average Price
$812
$1,160
$713
$726
15Sun
Nov
$775
16Mon
$768
17Tue
$1,160
18Wed
$762
19Thu
$733
20Fri
$748
22Sun
$757
23Mon
$768
24Tue
$768
25Wed
$978
29Sun
$836
30Mon
$978
01Tue
Dec
$733
02Wed
$771
03Thu
$754
05Sat
$768
06Sun
$713
08Tue
$726
11Fri
$754
15Tue
$935
21Mon
$940
22Tue
$782
23Wed
$813
24Thu
$813
25Fri
$878
26Sat
$813
27Sun
$771
28Mon
$814
29Tue
$814
30Wed

Key Features of the Airlines

Information compiled by AI. For the most up-to-date information, contact the airline.

Transportation to Airport from Madrid City Center

Adolfo Suarez Madrid Barajas - Madrid Barajas Airport

The Adolfo Suarez Madrid-Barajas Airport, also referred to as Madrid-Barajas Airport, is located 12 km from Madrid’s city center. The airport is very easily accessible by taxi, rental car, and public transportation. Taking the train and metro are both convenient and quick transportation alternatives to access Madrid-Barajas Airport.

Rail

To get to the airport by metro from the city center you have to take metro line 8. This line starts from the Nuevos Ministerios Station and provides transportation to every terminal at the airport. This line takes between 12 and 15 minutes to reach the airport. The RENFRE train C1 line, which you can access from the Chamartin, Nuevos Ministerios, Atocha and Principe Pio stations, provides transportation to Terminal 4. The total trip time will vary depending on your location and which station you get on from. It takes 11 minutes to get to the airport from Chamartin and 38 minutes to get to the airport from Principe Pio.

Bus

Airport Express buses are another transportation alternative. These Airport Express buses depart from the Atocha Station. You can access Atocha Station from your location in the city using a different bus line or metro line. When calculating the duration of the trip take the varying traffic conditions into consideration, especially during rush hour. There are also regular public bus services that operate between the city and the airport. For more information on these bus routes please visit Madrid-Barajas Airport’s website.

Airport Information

Located 12 km from the city center,  Adolfo Suarez Madrid-Barajas Airport, also referred to as Madrid-Barajas Airport, is the main airport in Madrid, serving both international and domestic flights. Madrid-Barajas Airport consists of 4 terminals, Terminal 1, Terminal 2, Terminal 3, and Terminal 4, which was built in 2006. Terminal 4 is the largest terminal in the airport and operates flights for many major airlines such as Turkish Airlines and American Airlines. It is an impressive structure with modern architecture that also features a satellite building, TS4. Terminal 1 is the airport’s oldest building and another major terminal. Many airlines take off and land at Terminal 1. Terminal 2 and Terminal 3 are smaller in comparison to the others. Terminal 3 is dedicated to flights operated by Lagun Air. There is an airport shuttle bus that runs 24 hours a day, providing inter-terminal transportation.

Internet at the airport is free for the first 15 minutes. In Terminal 4 you can connect to the internet by paying a fee. In Terminal 1, Terminal 2, and Terminal 3 you can connect to the internet in the departure lounges, VIP lounges, and restaurant area.

There are various VIP lounges located at the airport. The La Revoltosa and Premium lounges at Terminal 4, La Revoltosa lounge in Terminal 4S, Cibeles lounge in Terminal 1, Puerta de Alcala lounge in Terminal 2, and Puerto del Sol lounge in Terminal 3 are accessible for those with a Priority Pass card. Apart from those there are 3 VIP lounges in Terminal 4 belonging to Iberia Airlines. Madrid-Barajas Airport offers passengers a rich variety of stores where they can go shopping. If you weren’t able to do as much shopping as you would have liked during your time in the city, you can easily make up for it at the airport.

There are many stores at the airport where you can buy various products such as duty free items, food, cosmetics, gifts, electronics, clothing, jewelry, and accessories. While the majority of the stores are located in Terminal 1 and Terminal 4 there are plenty of options in the other terminals as well. The airport is home to many brand name stores such as Adidas, Carolina Herrera, Sunglass Hut, Hugo Boss, Burberry, Massimo Dutti, Zara, and Michael Kors.  

Madrid-Barajas Airport also offers passengers a range of eateries aimed at meeting their pre-flight and post-flight needs. If you want to get a bite to eat or something to drink before or after your flight you can go enjoy familiar venues such as Starbucks, Mc Donald’s, Burger King, Paul, and Lavazza. The airport also features various cafes and restaurants that serve delicious examples of international cuisine. 

Panama City Weather

5-Day Forecast • Min / Max Temperature

Friday
13 Nov
Fog
33°25°
Saturday
14 Nov
Clear
30°26°
Today
Sunday
15 Nov
Clear
32°26°
Monday
16 Nov
Rain
30°26°
Tuesday
17 Nov
Clear
32°25°

Frequently Asked Questions

When you search for Madrid-Panama City (Panama) flights, Wingie directly gathers and compares instant data from all airlines. You can see all Madrid-Panama City (Panama) flights together for the date you are looking for and choose the most suitable flight.
For Madrid-Panama City (Panama) flights, you can use Adolfo Suarez Madrid Barajas - Madrid Barajas Airport as departure airport, and Albrook Marcos A. Gelabert Intl. Airport, Tocumen Intl. Airport, Scarlett Martínez Intl. Airport for arrival.
The straight-line distance between Madrid and Panama City (Panama) is about 8159 km. According to Wingie flight data, direct Madrid – Panama City (Panama) flights took about 10 hour 35 minutes in the last 30 days.
When the average prices are examined, the most suitable day for Madrid-Panama City (Panama) flights is Monday.
According to Wingie flight data, as of November 2026 2 airlines operate direct flights between Madrid and Panama City (Panama): Air Europa and Iberia.
On this route, low-cost airlines typically offer fares that include only cabin and hand baggage. Full-service airlines may include baggage and refreshment fees in the base price. The best option varies according to baggage needs. Based on current data, the lowest fare on this route with Iberia starts from approximately $516.
AirlinePriceStandard inclusions
Iberia
$516
—
Air Europa
$563
Paid Change (up to 48 hours) / No Refund / 1 piece of cabin baggage / Complimentary Refreshments

Last update: 01.11.2026

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