Madrid (MAD) to Panama City (PTY) flights
An economy award from Madrid (MAD) to Panama City (PTY) starts at 20,000 miles one way with British Airways Club on Iberia, plus taxes and fees from $94. Iberia Club charges the same. 2 airlines fly nonstop from Madrid (MAD) to Panama City (PTY): Air Europa and Iberia. The two airports are 5,069 miles (8,158 km) apart. Air Europa is in SkyTeam and Iberia is in oneworld. There are also 49 ways to fly it with one stop, through San Juan, Punta Cana and Santo Domingo and more.
How many miles MAD to PTY costs
Economy, one way, on the nonstop flights, from the Award Flight Pricer's award charts. Ranges run off-peak to peak; "from" is the floor of a dynamic price.
| Program | Economy | Taxes and fees |
|---|---|---|
| British Airways ClubOn Iberia | 20,000–24,250 | $94–185 |
| Iberia ClubOn Iberia | 20,000–24,250 | $89–175 |
| Qatar Airways Privilege ClubOn Iberia | 24,000 | $89–200 |
| Virgin Atlantic Flying ClubOn Air Europa | 31,000 | $54–375 |
| American AAdvantageOn Iberia | 32,500 | $74–160 |
| Finnair PlusOn Iberia | 32,500 | $24–150 |
| Alaska Atmos RewardsOn Iberia | 35,000 | $44–55 |
| Delta SkyMilesOn Air Europa | 35,000 | $174–735 |
| JAL Mileage BankOn Iberia | 37,000 | $24–35 |
| Cathay Pacific Asia MilesOn Iberia | 40,000 | $104–255 |
| Qantas Frequent FlyerOn Iberia | 43,500 | $24–150 |
| SAS EuroBonusOn Air Europa | 48,000 | $74.40–141.40 |
Business and first class prices, and 1 more programs, are in the Award Flight Pricer. Chart prices need award space on your date, so search it before you transfer points.
Compare every program in the Award Flight PricerAirlines flying nonstop from MAD to PTY
- Air EuropaSkyTeam · bookable with 8 programsWho books it
- Iberiaoneworld · bookable with 9 programsWho books it
Book MAD to PTY with points
Loyalty programs that can book at least one of the nonstop airlines, from the Award Booking Guide.
- Aeromexico RewardsBooks Air Europa
- Air France-KLM Flying BlueBooks Air Europa
- Alaska Atmos RewardsBooks Iberia
- American AAdvantageBooks Iberia
- British Airways ClubBooks Iberia
- Cathay Pacific Asia MilesBooks Iberia
- China Eastern Eastern MilesBooks Air Europa
- Delta SkyMilesBooks Air Europa
- Finnair PlusBooks Iberia
- Garuda Indonesia GarudaMilesBooks Air Europa
- Iberia ClubBooks Iberia
- JAL Mileage BankBooks Iberia
- Korean Air SKYPASSBooks Air Europa
- Qantas Frequent FlyerBooks Iberia
- Qatar Airways Privilege ClubBooks Iberia
- SAS EuroBonusBooks Air Europa
- Virgin Atlantic Flying ClubBooks Air Europa
MAD to PTY with one stop
49 connections, most direct first. 2-stop routings and flight times are in Routes with Pro.
- Via San Juan (SJU)Iberia, then Copa Airlines
- Via Punta Cana (PUJ)Iberojet, Air Europa and 1 more, then Copa AirlinesE92W
- Via Santo Domingo (SDQ)Iberia, Air Europa and 1 more, then Copa Airlines2W
- Via Barranquilla (BAQ)Air Europa, then Copa Airlines
- Via Cartagena (CTG)World2Fly, then Copa Airlines2W
- Via Santiago (STI)Air Europa, then Copa Airlines
- Via Caracas (CCS)Iberia, Air Europa and 2 more, then Copa AirlinesPU+1
- Via Valencia (VLN)Plus Ultra, then Copa Airlines and Turpial AirlinesPUT9
- Via Medellin (MDE)AVIANCA and Air Europa, then Copa Airlines
- Via Bogota (BOG)AVIANCA the whole way+1
- Via Miami (MIA)American Airlines the whole way
- Via Cali (CLO)AVIANCA and World2Fly, then Copa Airlines2W
- Via San Jose (SJO)Iberia and Iberojet, then AVIANCA and Copa AirlinesE9
- Via Havana (HAV)Cubana de Aviacion, Iberia and 2 more, then Copa AirlinesCU+1
- Via Orlando (MCO)Iberia, then Copa Airlines
MAD to PTY: common questions
How many miles does MAD to PTY cost?
In economy it starts at 20,000 miles one way with British Airways Club on Iberia, plus taxes and fees from $94. Next cheapest: Iberia Club (20,000–24,250), Qatar Airways Privilege Club (24,000) and Virgin Atlantic Flying Club (31,000). These are award chart prices from the Award Flight Pricer. Programs that price dynamically can cost more on busy dates, so check yours before you transfer points. Business and first class prices are in the pricer too.
Which airlines fly nonstop from MAD to PTY?
Air Europa (SkyTeam) and Iberia (oneworld) fly nonstop from Madrid (MAD) to Panama City (PTY).
How far is Madrid from Panama City by plane?
Madrid (MAD) and Panama City (PTY) are 5,069 miles (8,158 km) apart along the great circle, the shortest path a flight can take. Connections add distance on top.
Which points programs can book MAD to PTY award flights?
17 programs can book at least one of the nonstop airlines: Aeromexico Rewards, Air France-KLM Flying Blue, Alaska Atmos Rewards, American AAdvantage, British Airways Club, Cathay Pacific Asia Miles, China Eastern Eastern Miles, Delta SkyMiles and 9 more. Which flights each can book depends on its partners, so check the airline before you transfer points.
Where can I connect between Madrid and Panama City?
The most direct connections are through San Juan (SJU), Punta Cana (PUJ), Santo Domingo (SDQ), Barranquilla (BAQ) and Cartagena (CTG). On 9 of them the same airline flies both flights, for example AVIANCA through Bogota.
More routes
Routes are scheduled nonstop flights. The route data is refreshed monthly; this list was last checked November 11, 2026. Seasonal routes and new launches can be missing or end early, so confirm with the airline before you book. Distances are great-circle, the shortest path between the two airports.