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

Return flights

25 Jan - 05 Feb	LATAM Airlines Group
14 Jan - 28 Feb	LATAM Airlines Group
01 Jan - 29 Jan	LATAM Airlines Group
14 Jan - 28 Feb	Air Europa	direct
18 Jan - 31 Jan	Air Europa	direct
25 Jan - 05 Feb	Air Europa	direct
07 Jan - 21 Jan	Air Europa	direct
27 Jan - 04 Feb	Avianca
18 Jan - 29 Jan	Emirates
18 Jan - 28 Jan	Emirates
24 Jan - 31 Jan	Emirates
22 Jan - 12 Feb	Emirates
19 Jan - 30 Jan	Emirates
01 Jan - 19 Jan	Avianca
11 Jan - 18 Jan	Emirates
01 Jan - 17 Jan	Avianca

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 1043€

Return flights