Business-class award flights from Madrid (MAD) to Panama City (PTY)

In the last 30 days AwardTool saw business-class award space on 8 programs for MAD→PTY. Lowest: 62,500 miles + $127.14 with American Airlines AAdvantage, which showed business-class award space on 21 dates. Nonstop business-class space was seen via Qatar Airways Privilege Club.

Data as of

Award prices last changed . AwardTool checks these routes daily; seats change quickly.

Lowest observed
62,500 pts + $127.14
American Airlines AAdvantage
Programs with space
8 of 8
programs seen on this route
Most dates seen
323
United MileagePlus
Nonstop
Seen
via 1 program

Compare programs for business class

The lowest one-way business-class award each program showed on MAD→PTY, sorted by points.

ProgramPoints + taxesStopsAirlines seenSeatsDates seenNewest observation
American Airlines AAdvantageLowest observed62,500 pts + $127.142 stopsMixed cabinAmerican Airlines (AA), British Airways (BA), IBERIA (IB)—21See dates
Qatar Airways Privilege Club77,250 pts + taxes not reportedNonstopIBERIA (IB)11See dates
Air France/KLM Flying Blue85,000 pts + $406.051 stopAir France (AF), Aeromexico (AM), COPA Airlines (CM), KLM (KL) +1 more5304See dates
Air Canada Aeroplan90,000 pts + $107.042 stopsMixed cabinAir Canada (AC), Avianca (AV), COPA Airlines (CM), Lufthansa (LH) +1 more9+80See dates
United MileagePlus100,000 pts + $78.942 stopsMixed cabinEurowings Discover (4Y), Air Canada (AC), Avianca (AV), ITA Airways (AZ) +9 more3323See dates
Turkish Miles & Smiles100,000 pts + taxes not reported1 stopTurkish Airlines (TK)1133See dates
Qantas Frequent Flyer124,100 pts + $141.501 stopMixed cabinAmerican Airlines (AA), Air France (AF), British Airways (BA), IBERIA (IB) +1 more1160See dates
GOL Smiles489,100 pts + taxes not reported1 stopAir France (AF), Avianca (AV), KLM (KL), Turkish Airlines (TK) +1 more1232See dates

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 business-class award examples

Awards AwardTool observed for departures in the next 60 days (one way, per traveler)
DepartureProgramPoints + taxesSeatsStopsObserved (UTC)
American Airlines AAdvantage62,500 pts + $127.14—2 stopsCheck this date
American Airlines AAdvantage62,500 pts + $1,057.14—2 stopsCheck this date
Air France/KLM Flying Blue85,000 pts + $416.0571 stopCheck this date
United MileagePlus110,000 pts + $64.1462 stopsCheck this date
Qantas Frequent Flyer124,100 pts + $900.3611 stopCheck this date
Air Canada Aeroplan172,287 pts + $60.3522 stopsCheck this date
Turkish Miles & Smiles185,000 pts + taxes not reported11 stopCheck this date
GOL Smiles503,800 pts + taxes not reported11 stopCheck 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 business-class award space

Best months for business class from Madrid (MAD) to Panama City (PTY)

Lowest prices among the dates we observed, by departure month. A record, not a forecast.
MonthLowest observedProgramDates
110,000 pts + taxes not reportedUnited MileagePlus12
62,500 pts + taxes not reportedAmerican Airlines AAdvantage2
85,000 pts + taxes not reportedAir France/KLM Flying Blue29
85,000 pts + taxes not reportedAir France/KLM Flying Blue31
85,000 pts + taxes not reportedAir France/KLM Flying Blue28
85,000 pts + taxes not reportedAir France/KLM Flying Blue31
62,500 pts + taxes not reportedAmerican Airlines AAdvantage1
62,500 pts + taxes not reportedAmerican Airlines AAdvantage6
62,500 pts + taxes not reportedAmerican Airlines AAdvantage2
85,000 pts + taxes not reportedAir France/KLM Flying Blue31
62,500 pts + taxes not reportedAmerican Airlines AAdvantage9
62,500 pts + taxes not reportedAmerican Airlines AAdvantage1

Airlines seen in business class

Airlines that appeared on the award itineraries AwardTool observed, and the programs that showed them.

  • Eurowings Discover (4Y): United MileagePlus
  • American Airlines (AA): American Airlines AAdvantage and Qantas Frequent Flyer
  • Air Canada (AC): Air Canada Aeroplan and United MileagePlus
  • Air France (AF): Air France/KLM Flying Blue, Qantas Frequent Flyer and GOL Smiles
  • Aeromexico (AM): Air France/KLM Flying Blue
  • Avianca (AV): Air Canada Aeroplan, United MileagePlus and GOL Smiles
  • ITA Airways (AZ): United MileagePlus
  • JetBlue (B6): United MileagePlus
  • British Airways (BA): American Airlines AAdvantage and Qantas Frequent Flyer
  • COPA Airlines (CM): Air France/KLM Flying Blue, Air Canada Aeroplan and United MileagePlus
  • Aer Lingus (EI): United MileagePlus
  • IBERIA (IB): American Airlines AAdvantage, Qatar Airways Privilege Club and Qantas Frequent Flyer
  • KLM (KL): Air France/KLM Flying Blue, Qantas Frequent Flyer and GOL Smiles
  • Lufthansa (LH): Air Canada Aeroplan and United MileagePlus
  • SWISS (LX): United MileagePlus
  • Brussels Airlines (SN): United MileagePlus
  • Turkish Airlines (TK): Turkish Miles & Smiles and GOL Smiles
  • TAP Portugal (TP): United MileagePlus
  • United Airlines (UA): Air Canada Aeroplan and United MileagePlus
  • Air Europa (UX): Air France/KLM Flying Blue and GOL Smiles
  • Lufthansa City Airlines (VL): United MileagePlus

Points that transfer to these programs

Bank points to program miles or points: ratio and typical transfer time
ProgramAmexBiltCapital OneChaseCitiWells Fargo
Air Canada Aeroplan1:1 · Instant1:1 · Instant1:1 · Instant1:1 · Instant——
Air France/KLM Flying Blue1:1 · Instant1:1 · Instant1:1 · Instant1:1 · Instant1:1 · Instant1:1 · Instant
American Airlines AAdvantage————1:1 · Instant—
Qantas Frequent Flyer1:1 · Instant—1:1 · ~1-2 days—1:1 · Instant—
Qatar Airways Privilege Club1:1 · Instant1:1 · Instant1:1 · Instant—1:1 · ~1-2 days—
Turkish Miles & Smiles—1:1 · Instant1:1 · 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.

Questions about business-class award flights from Madrid (MAD) to Panama City (PTY)

What's the lowest business-class award from Madrid (MAD) to Panama City (PTY)?

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 programs had business-class award space from Madrid (MAD) to Panama City (PTY)?

American Airlines AAdvantage (21 dates), Qatar Airways Privilege Club (1 date), Air France/KLM Flying Blue (304 dates), Air Canada Aeroplan (80 dates), United MileagePlus (323 dates), Turkish Miles & Smiles (133 dates), Qantas Frequent Flyer (160 dates) and GOL Smiles (232 dates), in the last 30 days.

Is there nonstop business-class award space from Madrid (MAD) to Panama City (PTY)?

Yes. AwardTool observed nonstop business-class award space via Qatar Airways Privilege Club.

Which months had the lowest business-class 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, the lowest business-class award AwardTool observed 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.

Related pages

How this page is built

These figures come from AwardTool's cached award searches across 29 loyalty programs. A value counts only when AwardTool observed it in the last 30 days, for departures within 365 days of the data date. Each price is the lowest one-way award seen per passenger, in the program's points or miles, with taxes and fees in USD. A missing value means AwardTool hasn't seen that award recently, not that none exists. The date-by-date calendar is in the app: a limited window on the free plan and 365 days with Pro.

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