AirHint found the following cheapest return flights from Madrid (MAD) to Managua (MGA) in December 2025 (see full year).

Return flights

11 Dec - 14 Jan	Iberia
12 Dec - 16 Jan	Iberia
12 Dec - 17 Jan	Iberia
06 Dec - 13 Jan	Iberia
01 Dec - 31 Dec	TAP
01 Dec - 14 Dec	TAP
08 Dec - 13 Jan	Air Europa
01 Dec - 15 Dec	TAP
31 Dec - 25 Jan	Air Europa
13 Dec - 17 Jan	TAP
06 Dec - 12 Jan	Iberia
15 Dec - 20 Jan	Air Europa
07 Dec - 11 Jan	Iberia
01 Dec - 29 Dec	TAP
03 Dec - 29 Dec	Iberia
08 Dec - 22 Dec	TAP
17 Dec - 31 Dec	Iberia
13 Dec - 27 Dec	Avianca
01 Dec - 28 Dec	Iberia
20 Dec - 27 Dec	Avianca

Also check the deals for one-way flights from Madrid to Managua in December.

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 Managua in December from 800€

Return flights