AirHint found the following cheapest return flights from Asuncion (ASU) to Madrid (MAD) in January 2026 (see full year).

Return flights

25 Jan - 01 Feb	LATAM Airlines Group
24 Jan - 03 Feb	Azul Airlines
31 Jan - 21 Feb	Azul Airlines
17 Jan - 18 Feb	LATAM Airlines Group
24 Jan - 28 Jan	Azul Airlines
24 Jan - 31 Jan	GOL Linhas Aéreas
20 Jan - 31 Jan	GOL Linhas Aéreas
22 Jan - 30 Jan	Air Europa	direct
24 Jan - 03 Feb	Air Europa	direct
24 Jan - 28 Jan	Air Europa	direct
17 Jan - 18 Feb	Air Europa	direct
31 Jan - 21 Feb	Air Europa	direct
18 Jan - 28 Jan	Copa
18 Jan - 29 Jan	Copa
11 Jan - 18 Jan	LATAM Airlines Group
25 Jan - 01 Feb	Air Europa	direct
25 Jan - 31 Jan	Copa
02 Jan - 12 Jan	LATAM Airlines Group
15 Jan - 12 Feb	Copa

Also check the deals for one-way flights from Asuncion to Madrid in January.

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 Asuncion to Madrid in January from 947€

Return flights