Award flights from Madrid (MAD) to Panama City (PTY)
In the last 30 days AwardTool saw award space on 8 programs for MAD→PTY. Lowest economy: 30,000 miles + $170.75 (Air France/KLM Flying Blue). Lowest business class: 62,500 miles + $127.14 (American Airlines AAdvantage). Lowest premium economy: 42,500 miles + $121.54 (American Airlines AAdvantage).
Data as of
Award prices last changed . AwardTool checks these routes daily; seats change quickly.
Madrid (MAD) to Panama City (PTY) at a glance
- From
- Madrid Barajas International, Madrid, Spain (MAD)
- To
- Tocumen International, Panama City, Panama (PTY)
- Programs with award space seen
- 8 of 8 programs tracked on this route
- Nonstop award space seen
- Yes, in economy and business class, via GOL Smiles, Air France/KLM Flying Blue and Qatar Airways Privilege Club
- Airlines seen on these awards
- Eurowings Discover (4Y), American Airlines (AA), Air Canada (AC), Air France (AF), Aeromexico (AM), Avianca (AV), ITA Airways (AZ), JetBlue (B6), British Airways (BA), COPA Airlines (CM), Delta Air Lines (DL), Aer Lingus (EI) and 11 more
- Departures with open awards
- Oct 2026 to Sep 2027
- Observation window
- Awards observed in the last 30 days
- Destination guide
- Award flights to Panama City (PTY)
Compare programs by cabin
The lowest one-way award each program showed in each cabin, sorted by points.
Economy
| Program | Points + taxes | Stops | Airlines seen | Seats | Dates seen | Newest observation | |
|---|---|---|---|---|---|---|---|
| Air France/KLM Flying BlueLowest observed | 30,000 pts + $170.75 | 1 stopNonstop from 45,500 pts | Air France (AF), Aeromexico (AM), COPA Airlines (CM), Delta Air Lines (DL) +2 more | 9+ | 305 | See dates | |
| American Airlines AAdvantage | 32,500 pts + $118.84 | 2 stops | American Airlines (AA), British Airways (BA), IBERIA (IB) | — | 71 | See dates | |
| Air Canada Aeroplan | 40,000 pts + $81.34 | 1 stop | Air Canada (AC), Avianca (AV), COPA Airlines (CM), Lufthansa (LH) +2 more | 9+ | 267 | See dates | |
| United MileagePlus | 45,000 pts + $53.94 | 2 stops | Eurowings Discover (4Y), Air Canada (AC), Avianca (AV), ITA Airways (AZ) +9 more | 7 | 327 | See dates | |
| Qantas Frequent Flyer | 48,900 pts + $114.61 | 2 stops | American Airlines (AA), Air France (AF), British Airways (BA), IBERIA (IB) +1 more | 1 | 129 | See dates | |
| Turkish Miles & Smiles | 65,000 pts + taxes not reported | 1 stop | Turkish Airlines (TK) | 1 | 133 | See dates | |
| GOL Smiles | 73,300 pts + taxes not reported | 1 stopNonstop from 166,700 pts | American Airlines (AA), Air France (AF), Aeromexico (AM), Avianca (AV) +6 more | 1 | 319 | See dates |
Not seen in economy: Qatar Airways Privilege Club.
Premium Economy
| Program | Points + taxes | Stops | Airlines seen | Seats | Dates seen | Newest observation | |
|---|---|---|---|---|---|---|---|
| American Airlines AAdvantageLowest observed | 42,500 pts + $121.54 | 2 stops | American Airlines (AA), British Airways (BA), IBERIA (IB) | — | 49 | See dates | |
| Air France/KLM Flying Blue | 50,000 pts + $267.05 | 1 stop | Air France (AF), KLM (KL), Air Europa (UX) | 9+ | 303 | See dates | |
| Air Canada Aeroplan | 65,807 pts + $84.54 | 2 stops | Air Canada (AC), Avianca (AV), COPA Airlines (CM), United Airlines (UA) | 1 | 144 | See dates | |
| Qantas Frequent Flyer | 101,100 pts + $376.13 | 1 stop | American Airlines (AA), Air France (AF), British Airways (BA), IBERIA (IB) +1 more | 1 | 138 | See dates | |
| United MileagePlus | 190,000 pts + $53.94 | 1 stop | Air Canada (AC), Avianca (AV), ITA Airways (AZ), COPA Airlines (CM) +5 more | 2 | 278 | See dates | |
| GOL Smiles | 237,900 pts + taxes not reported | 1 stop | Air France (AF), KLM (KL), Air Europa (UX) | 1 | 16 | See dates |
Not seen in premium economy: Qatar Airways Privilege Club and Turkish Miles & Smiles.
Business Class
| Program | Points + taxes | Stops | Airlines seen | Seats | Dates seen | Newest observation | |
|---|---|---|---|---|---|---|---|
| American Airlines AAdvantageLowest observed | 62,500 pts + $127.14 | 2 stopsMixed cabin | American Airlines (AA), British Airways (BA), IBERIA (IB) | — | 21 | See dates | |
| Qatar Airways Privilege Club | 77,250 pts + taxes not reported | Nonstop | IBERIA (IB) | 1 | 1 | See dates | |
| Air France/KLM Flying Blue | 85,000 pts + $406.05 | 1 stop | Air France (AF), Aeromexico (AM), COPA Airlines (CM), KLM (KL) +1 more | 5 | 304 | See dates | |
| Air Canada Aeroplan | 90,000 pts + $107.04 | 2 stopsMixed cabin | Air Canada (AC), Avianca (AV), COPA Airlines (CM), Lufthansa (LH) +1 more | 9+ | 80 | See dates | |
| United MileagePlus | 100,000 pts + $78.94 | 2 stopsMixed cabin | Eurowings Discover (4Y), Air Canada (AC), Avianca (AV), ITA Airways (AZ) +9 more | 3 | 323 | See dates | |
| Turkish Miles & Smiles | 100,000 pts + taxes not reported | 1 stop | Turkish Airlines (TK) | 1 | 133 | See dates | |
| Qantas Frequent Flyer | 124,100 pts + $141.50 | 1 stopMixed cabin | American Airlines (AA), Air France (AF), British Airways (BA), IBERIA (IB) +1 more | 1 | 160 | See dates | |
| GOL Smiles | 489,100 pts + taxes not reported | 1 stop | Air France (AF), Avianca (AV), KLM (KL), Turkish Airlines (TK) +1 more | 1 | 232 | See dates |
First class: not seen in the last 30 days.
Not seen means AwardTool hasn't observed this cabin on this route in the last 30 days. It doesn't mean the airline has no seats. Dates seen counts departure dates with an open award in that cabin at any price; newest observation is the latest time AwardTool saw one of them. Seats is the count the program reported when we observed it; some programs report at most 9.
Observed award examples
| Departure | Cabin | Program | Points + taxes | Seats | Stops | Observed (UTC) | |
|---|---|---|---|---|---|---|---|
| Economy | American Airlines AAdvantage | 32,500 pts + $130.04 | — | 2 stops | Check this date | ||
| Premium Economy | American Airlines AAdvantage | 42,500 pts + $287.54 | — | 2 stops | Check this date | ||
| Business | Air France/KLM Flying Blue | 85,000 pts + $416.05 | 7 | 1 stop | Check this date | ||
| Business | United MileagePlus | 110,000 pts + $64.14 | 6 | 2 stops | Check this date | ||
| Business | Qantas Frequent Flyer | 124,100 pts + $900.36 | 1 | 1 stop | Check this date | ||
| Business | Air Canada Aeroplan | 172,287 pts + $60.35 | 2 | 2 stops | Check this date | ||
| Business | Turkish Miles & Smiles | 185,000 pts + taxes not reported | 1 | 1 stop | Check this date | ||
| Business | GOL Smiles | 503,800 pts + taxes not reported | 1 | 1 stop | Check this date |
Prices are one-way per traveler: the program's points or miles plus taxes and carrier fees in USD, as AwardTool observed them at the time shown. Award space changes constantly. A seat we saw may be gone, and space we haven't seen may exist. Always confirm with a live search before transferring points; most transfers can't be reversed.
Nonstop award space
- Economy: nonstop from 45,500 miles via Air France/KLM Flying Blue, which showed nonstop space on 133 dates (2 programs had nonstop space).
- Business class: nonstop space via Qatar Airways Privilege Club.
Best months to fly from Madrid (MAD) to Panama City (PTY) on points
| Month | Economy | Premium Economy | Business |
|---|---|---|---|
| 42,500 · Aeroplan (4 dates) | 103,000 · Flying Blue (14 dates) | 110,000 · MileagePlus (12 dates) | |
| 32,500 · AAdvantage (4 dates) | 42,500 · AAdvantage (2 dates) | 62,500 · AAdvantage (2 dates) | |
| 42,500 · Aeroplan (9 dates) | 50,000 · Flying Blue (29 dates) | 85,000 · Flying Blue (29 dates) | |
| 32,500 · AAdvantage (3 dates) | 50,000 · Flying Blue (31 dates) | 85,000 · Flying Blue (31 dates) | |
| 30,000 · Flying Blue (28 dates) | 42,500 · AAdvantage (2 dates) | 85,000 · Flying Blue (28 dates) | |
| 30,000 · Flying Blue (31 dates) | 42,500 · AAdvantage (1 date) | 85,000 · Flying Blue (31 dates) | |
| 30,000 · Flying Blue (30 dates) | 42,500 · AAdvantage (4 dates) | 62,500 · AAdvantage (1 date) | |
| 30,000 · Flying Blue (31 dates) | 42,500 · AAdvantage (11 dates) | 62,500 · AAdvantage (6 dates) | |
| 30,000 · Flying Blue (30 dates) | 42,500 · AAdvantage (6 dates) | 62,500 · AAdvantage (2 dates) | |
| 32,500 · AAdvantage (1 date) | 42,500 · AAdvantage (2 dates) | 85,000 · Flying Blue (31 dates) | |
| 32,500 · AAdvantage (11 dates) | 42,500 · AAdvantage (15 dates) | 62,500 · AAdvantage (9 dates) | |
| 32,500 · AAdvantage (6 dates) | 42,500 · AAdvantage (5 dates) | 62,500 · AAdvantage (1 date) |
Points that transfer to these programs
| Program | Amex | Bilt | Capital One | Chase | Citi | Wells Fargo |
|---|---|---|---|---|---|---|
| Air Canada Aeroplan | 1:1 · Instant | 1:1 · Instant | 1:1 · Instant | 1:1 · Instant | — | — |
| Air France/KLM Flying Blue | 1:1 · Instant | 1:1 · Instant | 1:1 · Instant | 1:1 · Instant | 1:1 · Instant | 1:1 · Instant |
| American Airlines AAdvantage | — | — | — | — | 1:1 · Instant | — |
| Qantas Frequent Flyer | 1:1 · Instant | — | 1:1 · ~1-2 days | — | 1:1 · Instant | — |
| Qatar Airways Privilege Club | 1:1 · Instant | 1:1 · Instant | 1:1 · Instant | — | 1:1 · ~1-2 days | — |
| Turkish Miles & Smiles | — | 1:1 · Instant | 1:1 · Instant | — | 1:1 · ~1 day | — |
| United MileagePlus | — | 1:1 · Instant | — | 1:1 · Instant | — | — |
Check current transfer bonuses. Most transfers can't be reversed. No bank transfers to GOL Smiles.
Search, calendar and alerts from Madrid (MAD) to Panama City (PTY)
Route calendar
Every departure date with open award seats on MAD→PTY for United MileagePlus and the other programs: a limited window on the free plan and 365 days with Pro.
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Search Madrid (MAD) to Panama City (PTY)Questions about award flights from Madrid (MAD) to Panama City (PTY)
What's the lowest Madrid (MAD) to Panama City (PTY) award price AwardTool has seen?
In economy, 30,000 miles + $170.75 with Air France/KLM Flying Blue. Air France/KLM Flying Blue showed economy award space on 305 departure dates (newest observation Oct 14, 2026, 13:53 UTC). In business class, 62,500 miles + $127.14 with American Airlines AAdvantage. American Airlines AAdvantage showed business-class award space on 21 departure dates (newest observation Oct 15, 2026, 17:54 UTC). Search live before transferring points.
Which loyalty programs had award space from Madrid (MAD) to Panama City (PTY)?
8 programs in the last 30 days: American Airlines AAdvantage (economy 71 dates, premium economy 49 dates, business class 21 dates); Air Canada Aeroplan (economy 267 dates, premium economy 144 dates, business class 80 dates); GOL Smiles (economy 319 dates, premium economy 16 dates, business class 232 dates); Air France/KLM Flying Blue (economy 305 dates, premium economy 303 dates, business class 304 dates); Qantas Frequent Flyer (economy 129 dates, premium economy 138 dates, business class 160 dates); Qatar Airways Privilege Club (business class 1 date); Turkish Miles & Smiles (economy 133 dates, business class 133 dates); United MileagePlus (economy 327 dates, premium economy 278 dates, business class 323 dates). Dates count departure dates with an open award.
Is there nonstop award space from Madrid (MAD) to Panama City (PTY)?
Yes. AwardTool observed nonstop award space in economy and business class, bookable via GOL Smiles, Air France/KLM Flying Blue and Qatar Airways Privilege Club. The lowest nonstop award in economy was 45,500 miles with Air France/KLM Flying Blue.
Which credit card points can book awards from Madrid (MAD) to Panama City (PTY)?
American Express Membership Rewards: Air Canada Aeroplan (1:1), Air France/KLM Flying Blue (1:1), Qantas Frequent Flyer (1:1), Qatar Airways Privilege Club (1:1). Bilt Rewards: Air Canada Aeroplan (1:1), Air France/KLM Flying Blue (1:1), Qatar Airways Privilege Club (1:1), Turkish Miles & Smiles (1:1), United MileagePlus (1:1). Capital One Miles: Air Canada Aeroplan (1:1), Air France/KLM Flying Blue (1:1), Qantas Frequent Flyer (1:1), Qatar Airways Privilege Club (1:1), Turkish Miles & Smiles (1:1). Chase Ultimate Rewards: Air Canada Aeroplan (1:1), Air France/KLM Flying Blue (1:1), United MileagePlus (1:1). Citi ThankYou Points: American Airlines AAdvantage (1:1), Air France/KLM Flying Blue (1:1), Qantas Frequent Flyer (1:1), Qatar Airways Privilege Club (1:1), Turkish Miles & Smiles (1:1). Wells Fargo Rewards: Air France/KLM Flying Blue (1:1). Ratios come from AwardTool's transfer partner list; check current bonuses first.
Which months had the lowest award prices from Madrid (MAD) to Panama City (PTY)?
Counting only month prices from programs with award space on 2 or more dates that month, and leaving out unusually low outliers: in economy, the lowest award was for Mar 2027 departures, 30,000 miles with Flying Blue (31 dates); in business class, the lowest award was for Aug 2027 departures, 62,500 miles with AAdvantage (9 dates). The month table shows every lowest price, including those. Based on dates we observed, not a forecast.