Cheapest return flights from Madrid to Panama City in December from 814€

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

Return flights

24 Dec - 31 Dec Delta
25 Dec - 31 Dec Iberia
29 Dec - 30 Dec Air Europa direct
23 Dec - 30 Dec Iberia
26 Dec - 20 Jan TAP
28 Dec - 18 Jan TAP
23 Dec - 29 Jan Iberia
29 Dec - 13 Jan TAP
28 Dec - 13 Jan Air Europa
22 Dec - 29 Dec American Airlines
25 Dec - 14 Jan Air Europa
24 Dec - 25 Jan Iberia
24 Dec - 30 Dec Delta
31 Dec - 09 Jan Air Europa direct
26 Dec - 11 Jan Iberia
31 Dec - 08 Jan Air Europa direct
26 Dec - 31 Dec KLM
23 Dec - 31 Dec Air France
21 Dec - 30 Dec Iberia
20 Dec - 26 Dec Air France

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

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