Your next trip, last seen at €469
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The lowest fare we observed for each month. Open a month to see its days, then pick your outbound and return. A day with no price is one we will search for you.
Short answer
We have seen Iberia fares from Panama City to Madrid, non-stop. The lowest fare our own searches returned is €469, seen on 9 Sep 2026. The average across the fares we caught is €603. November 2026 is the cheapest month in our observations, at €469. These are prices our searches returned on the dates shown, not quotes; run a live search for today's fare.
Short answer
We have seen Iberia fares from Panama City to Madrid, non-stop. The lowest fare our own searches returned is €469, seen on 9 Sep 2026. The average across the fares we caught is €603. November 2026 is the cheapest month in our observations, at €469. These are prices our searches returned on the dates shown, not quotes; run a live search for today's fare.
About this route
Explore the fares we observed from Panama City to Madrid. Prices move often, so pick your dates to see the latest options.
- Route distance
- 8,162 km
- Reported fastest flight
- 9h 35m
- Airlines seen
- Iberia
- Alternative airports
- PAC
Route-level information; individual journeys vary.
Published schedules report non-stop service with Iberia. Check current timetables.
A clearer picture of your fare
Frequently asked
How much is a flight from Panama City to Madrid?
The lowest fare we have observed is €469, found on 9 Sep 2026. Prices move, so read it as a floor rather than a quote.
When is the cheapest month to fly from Panama City to Madrid?
In our observations November 2026 is the cheapest month so far, at €469.
Are there direct flights from Panama City to Madrid?
Yes. We have seen non-stop flights on this route, flown by Iberia.
Which airlines fly from Panama City to Madrid?
These are the carriers we have seen on the route: Iberia.
How long does the flight from Panama City to Madrid take?
The average journey time across the 31 fares we observed is 22h 03m, including any stops. Individual departures vary; the fastest observed flight is listed in the route facts above.
How many of the observed Panama City to Madrid fares were non-stop?
9 of the 34 fares we observed were non-stop; the rest included at least one stop. That describes our observations, not every flight that operates.
How observed prices work, what "No data" means and what a fare includes: Read the flight price guide
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Recently observed fares. Prices may change.
Last checked: 28 Sep 2026