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

Return flights

29 Dec - 15 Jan	SWISS
31 Dec - 15 Jan	SWISS
07 Dec - 16 Jan	Wizz Air Malta
08 Dec - 15 Dec	Wizz Air Malta
30 Dec - 15 Jan	SWISS
11 Dec - 11 Jan	Wizz Air Malta
06 Dec - 10 Jan	Ryanair
30 Dec - 14 Jan	SWISS
07 Dec - 29 Dec	Wizz Air Malta
09 Dec - 29 Dec	Ryanair
10 Dec - 10 Jan	Wizz Air Malta
11 Dec - 24 Dec	Wizz Air Malta
03 Dec - 10 Dec	TAP
06 Dec - 14 Dec	TAP
10 Dec - 05 Jan	Wizz Air Malta
06 Dec - 07 Jan	Ryanair
03 Dec - 27 Dec	Wizz Air Malta
03 Dec - 26 Dec	Wizz Air Malta
13 Dec - 27 Dec	Ryanair
01 Dec - 30 Dec	easyJet

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 711€

Return flights