$637 Cheap Iberia flights Panama City (PTY) to Madrid (MAD)

Set the "Price (lowest to highest)" filter on Expedia to search for cheap Iberia return flights from $630 from PTY to MAD. Affordable one-way fares from $637 are available as well.**These prices were available on Expedia within the past 7 days, for flights departing within the next year. Prices and availability are subject to change. Additional terms apply.

Scoring the best Iberia deals from PTY to MAD is typically all about timing. You can save 17% on international flights when you book 18 to 29 days before takeoff instead of four to five months ahead. What's more, you can pocket 17% on average by buying your tickets on a Sunday rather than a Friday, which is usually the most expensive day to book.* It's a good idea to start searching for flights about one month before you want to travel.*Ideal booking window recommendation is based on average round-trip ticket prices for January through November for 2024. Best day of the week to book recommendation is based on average round-trip ticket prices for January through October 2024. All data sourced from ARC's global airline sales database.

Setting off from PTY at 6:20PM UTC-5, the first Iberia flight to MAD arrives at 10:25AM UTC+1. Flying earlier in the day means you're less likely to encounter delays or cancellations.* Prefer a later start? The last Iberia flight from PTY to MAD departs at 6:20PM UTC-5 and touches down at 10:25AM UTC+1.*Most reliable time of the day recommendation is based on January through August 2024 flight status data sourced from OAG's global flight data platform.

Iberia makes flying from PTY to MAD enjoyable with a 4-star airline rating and a rewarding loyalty program. You also have the chance to earn points with Iberia Plus. Remember to sign up to our free One Key™ rewards program to earn OneKeyCash™*, which can be redeemed on future travel.*OneKeyCash™ disclaimer - OneKeyCash™ is not redeemable for cash and can only be used on Expedia, Hotels.com and Vrbo.