Cheapest return flights from Madrid to Panama City in December from 706€

AirHint found the following cheapest return flights from Madrid (MAD) to Panama City (PTY) in December 2026 (see full year).

Return flights

03 Dec - 12 Dec Avianca
07 Dec - 17 Dec Avianca
12 Dec - 02 Jan Turkish Airlines
10 Dec - 26 Dec Turkish Airlines
05 Dec - 13 Dec Avianca
27 Dec - 07 Jan Avianca
10 Dec - 26 Dec Air Europa direct
14 Dec - 07 Jan Avianca
30 Dec - 09 Jan Avianca
26 Dec - 05 Jan Avianca
17 Dec - 09 Jan Avianca
18 Dec - 09 Jan Avianca
18 Dec - 10 Jan Avianca
12 Dec - 03 Jan Avianca
12 Dec - 09 Jan Avianca
03 Dec - 12 Dec Air Europa direct
07 Dec - 17 Dec Air Europa direct

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

Powered by

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.

Book a cheap hotel in Panama City

Cheap car rent in Panama City

Feel free to contact us with any feedback or request another flight research.