Cheap Flights from Madrid to Panama City
Cheap Flights from Madrid to Panama City
Looking for cheap flights from Madrid to Panama City? PointsYeah scans award availability across major airline and bank transfer programs in one place, so travelers can compare the lowest points and cash routes faster. Instead of searching each airline separately, users can see pricing from programs like Chase, Amex, Capital One, Citi, and Bilt side by side.
Award prices from Madrid to Panama City vary by season, cabin, and date, but available award flights can start around 35,000–70,000 points one way, with premium cabins available at higher mileage levels. The live search above allows filtering by cabin, airline, stops, or maximum points to find the best award flights from Madrid to Panama City for specific travel dates.
2026-11-23
MAD - PTY
Economy | 2 Stops | 9+ left
From 35,000 Pts + $73.7
2027-01-01
MAD - PTY
Premium Economy | Non stop | 2 left
From 45,000 Pts + $49.6
2026-11-23
MAD - PTY
Premium Economy | 2 Stops | 9+ left
From 45,000 Pts + $73.7
Madrid to Panama City flight facts
Distance
5,069 mi
8,157 km in a straight line
Estimated flight time
about 10h 45m
In the air, for the straight-line distance
Time difference
−6h
Panama City is 6 hours behind Madrid.
Airports in Madrid
MAD · Adolfo Suárez Madrid–Barajas
Airports in Panama City
PTY · Tocumen Intl
Premium cabin flights from Madrid to Panama City
Premium cabin
2026-11-26
MAD - PTY
Business | 2 Stops | 1 left
From 70,000 Pts + $73.7
Premium cabin
2026-11-26
MAD - PTY
Premium Economy | 2 Stops | 1 left
From 45,000 Pts + $73.7
Premium cabin
2027-01-01
MAD - PTY
Premium Economy | Non stop | 2 left
From 45,000 Pts + $49.6
Selected hotels for your next stay
Distrito de Arraiján (Panama)
Dreams Playa Bonita Panama
From 20,000 Pts or $216
Panama City (Panama)
Waldorf Astoria Panama
From 45,000 Pts or $262
Panama City (Panama)
W Panama
From Pts or $267
Frequently Asked Questions
The cheapest route from Madrid to Panama City depends on award space, transfer bonuses, and travel dates. PointsYeah compares bank and airline programs in one place so you can find the best points and cash combinations faster.
Yes. Transferable points from Chase, Amex, Capital One, Citi, and Bilt can often be moved to airline partners for flights from Madrid to Panama City.
Yes. Searching metro codes when available helps compare nearby airport combinations for flights from Madrid to Panama City.
Madrid and Panama City are about 5,069 miles (8,157 km) apart in a straight line.
Flying the 5,069-mile straight-line distance takes about 10h 45m in the air, estimated from typical cruising speed. Actual travel time depends on the routing; itineraries with connections take longer.
Panama City is 6 hours behind Madrid.
Departures from Madrid: Adolfo Suárez Madrid–Barajas (MAD). Arrivals in Panama City: Tocumen Intl (PTY).
Travelers searching this route also look at other popular routes into Panama City, plus the return trip when we track it. Fares and award space change daily.
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Our mission is to provide the simplest and best
points travel planning experience. Yeah!
