Cheap Flights from Madrid to Panama City Tocumen International

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Compare Madrid to Panama City Tocumen International flight deals

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Flight deals from Madrid to Panama City Tocumen International

Looking for a cheap last-minute deal or the best return flight from Madrid to Panama City Tocumen International? Find the lowest prices on one-way and return tickets right here.

Find the cheapest month to fly from Madrid to Panama City Tocumen International

We’re always keeping an eye on fares, so you can find the best one in seconds. It looks like Madrid to Panama City Tocumen International flights are currently cheapest in May.

Direct flights from Madrid to Panama City Tocumen International

Madrid to Panama City Tocumen International: Alternative routes

Compare routes from Madrid to Panama City below. You may find an airport to fly into that's cheaper, faster, or easier than Panama City Tocumen International.

Madrid to Panama City: Flight information

The things to know before you go.
Cheapest flight foundR 7,110
Cheapest month to flyMay
Average flight time10 hrs, 50 mins
Most popular airlineCopa
Average flights per week48

Finding cheap flights from Madrid to Panama City Tocumen International: Frequently asked questions

The best price we found for a return flight from Madrid to Panama City Tocumen International is R 12,560. This is an estimate based on information collected from different airlines and travel providers over the last 4 days and is subject to change and availability.
10 hours and 50 minutes is the average flight time from Madrid to Panama City Tocumen International.
Copa, Etihad Airways and Air Europa fly direct from Madrid to Panama City Tocumen International.
As of April 2025, there are 48 flights per week flying from Madrid to Panama City Tocumen International.
The cheapest month to fly from Madrid to Panama City Tocumen International is usually April 2025.
After crunching the numbers on our flight calendar, we found that it's currently cheapest to fly from Madrid Airport to Panama City Tocumen International Airport on Friday, 6 June 2025.
Yes – the average flight time is 10 hours and 50 minutes.
We show every price from over 1,200 airlines and travel agents, comparing them all so you don’t have to. If you know you want to fly to Panama City Tocumen International but you’re not ready to book, set up a Price Alert. We’ll track prices for you, and let you know when they rise or fall.
We crunched all the numbers in our flight calendar and it looks like the cheapest time to book a flight to Panama City is around 40 days in advance, so don’t leave your flight to the last minute.
Currently, Air France and Air Europa offer the cheapest flight tickets to Panama City Tocumen International.

Flying from Adolfo Suarez Madrid-Barajas Airport (MAD) to Tocumen International Airport (PTY): what you need to know

  • Book a direct flight from Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport and you'll be in the air for an average of 10 hours 45 minutes.

  • Panama City's timezone is UTC-5, which makes Panama City six hours behind Madrid.

  • Flights from MAD to PTY start from 11:45 — the first with Iberia. The latest departure is at 15:10 with Air Europa. Overall, you can take your pick of 17 weekly Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport flights.

  • Give yourself enough time to catch your MAD to PTY flight. As a general rule, turn up two hours before international departures and an hour ahead for domestic flights.

  • You'll likely experience bigger queues in popular months like July. Arriving up to four hours in advance for an international flight and two hours for a domestic departure will give you ample time for security and boarding.

  • Iberia has direct flights from Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport. Book with this popular carrier, then get ready to tick off the sights in Panama City — and maybe even more of Panama if you have time.

  • Iberia is the airline with the highest passenger demand for this route.

  • Among carriers operating MAD to PTY flights, Iberia has the best record for on-time arrivals.

  • We make it a breeze to book a flight with a stopover. To see all your options for tickets from Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport, deselect 'Direct flights only.' Then, choose a flight with a stop long enough to tour the city of your choice. Popular stopovers between MAD and PTY include:

    • Simon Bolivar International Airport

    • El Dorado International Airport

    • Miami International Airport

How to find the cheapest flights from Adolfo Suarez Madrid-Barajas Airport (MAD) to Tocumen International Airport (PTY)

  • R 7,110 is the lowest price for a one-way Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport flight. A return flight starts from R 12,560. These fares can change based on demand and availability.

  • Book five months before your departure date. After looking at the numbers on our calendar, this is how far you should book ahead to secure cheap tickets from MAD to PTY.

  • Schedule your trip for April. That's the cheapest month for flights from Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport. If your travel dates are flexible, use the 'Whole month' tool to find the cheapest price across each month.

  • Save time searching for cheap flights from MAD to PTY by creating a Price Alert. You'll receive an email or notification on the app when a special offer becomes available.

  • Pick your preferred departure and arrival times, airlines and number of stops with the filters. Alternatively, sort your results by 'Cheapest' to find the best deals on flights from Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport.

Handy information about Adolfo Suarez Madrid-Barajas Airport (MAD)

  • When it comes to Adolfo Suarez Madrid-Barajas Airport's on-time performance, 78.23% of flights complete their journey on time.

  • To reach Adolfo Suarez Madrid-Barajas Airport from central Madrid, it'll take about 25 minutes if you're going by car. Of course, this depends on traffic. It's approximately 18 kilometres from the airport to the city centre.

  • The trip when using public transport will take about 35 minutes.

  • Need a convenient hotel close to MAD? If you're catching an early flight from Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport, these stays will put you moments from your check-in counter:

Arriving at Tocumen International Airport (PTY)

Getting from Tocumen International Airport (PTY) to central Panama City

  • Tocumen International Airport is approximately 21 kilometres from the centre of Panama City. Driving there takes about 20 minutes.

  • Travelling to the centre by public transport will take you roughly 1 hour 5 minutes.

When to fly to Tocumen International Airport (PTY)

  • It's time to pick your dates for your flight from Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport. June is the most popular month to head to Panama City. If you'd like a more laid-back vibe, go in February.

  • The warmest month in Panama City is March, with temperatures ranging between 21ºC (70ºF) and 32ºC (90ºF). Lock in your flights from Adolfo Suarez Madrid-Barajas Airport to Tocumen International Airport in this month if this is the type of weather you enjoy.

  • Search for cheap tickets from MAD to PTY in February if you like travelling in cooler conditions. Temperatures are at their lowest around then, ranging between 22ºC (72ºF) and 31ºC (88ºF) on average.

Explore more of Panama

  • San Miguelito is just one of the many cities in Panama waiting to be explored once you've taken in the sights of Panama City. Around 6 kilometres away to the north, top sights here include Iglesia Cristo Luz del Mundo, IDMJI SAN MIGUELITO and Iglesia Bautista Independiente Emanuel.

  • Juan Díaz is another essential stop in Panama and is around 11 kilometres north-east of Panama City. No trip is complete without a visit to Malecon Costa Del Este, El Patio Human Friendly and Parque Los Robles Sur.

Prices shown on this page are estimated lowest prices only. Found in the last 45 days.