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

Return flights

28 Jan - 16 Feb	Avianca
28 Jan - 15 Feb	Avianca
29 Jan - 16 Feb	Avianca
28 Jan - 13 Feb	Avianca
16 Jan - 26 Jan	Iberia
23 Jan - 01 Feb	Air Europa
23 Jan - 14 Feb	LATAM Airlines Group
12 Jan - 26 Jan	Iberia
12 Jan - 20 Jan	Iberia
16 Jan - 01 Feb	Iberia
20 Jan - 24 Jan	LATAM Airlines Group
21 Jan - 25 Jan	easyJet
21 Jan - 31 Jan	Air Europa
17 Jan - 19 Jan	Iberia Express
28 Jan - 16 Feb	Iberia	direct
30 Jan - 16 Feb	Iberia	direct
14 Jan - 16 Feb	Iberia	direct
18 Jan - 20 Jan	Air Europa
12 Jan - 28 Jan	Iberia
16 Jan - 30 Jan	Iberia

Also check the deals for one-way flights from Madrid to Guayaquil 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 Madrid to Guayaquil in January from 615€

Return flights