Economy award flights from Madrid (MAD) to Panama City (PTY)
In the last 30 days AwardTool saw economy award space on 7 programs for MAD→PTY. Lowest: 30,000 miles + $170.75 with Air France/KLM Flying Blue, which showed economy award space on 305 dates. Nonstop economy space was seen via Air France/KLM Flying Blue and GOL Smiles.
Data as of
Award prices last changed . AwardTool checks these routes daily; seats change quickly.
- Lowest observed
- 30,000 pts + $170.75
- Air France/KLM Flying Blue
- Programs with space
- 7 of 8
- programs seen on this route
- Most dates seen
- 327
- United MileagePlus
- Nonstop
- Seen
- from 45,500 pts + taxes not reported
Compare programs for economy
The lowest one-way economy award each program showed on MAD→PTY, sorted by points.
| 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.
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 economy award examples
| Departure | Program | Points + taxes | Seats | Stops | Observed (UTC) | |
|---|---|---|---|---|---|---|
| American Airlines AAdvantage | 32,500 pts + $182.14 | — | 2 stops | Check this date | ||
| American Airlines AAdvantage | 32,500 pts + $130.04 | — | 2 stops | Check this date | ||
| Air France/KLM Flying Blue | 35,000 pts + $330.68 | 9+ | 1 stop | Check this date | ||
| Air Canada Aeroplan | 42,500 pts + $81.34 | 9+ | 1 stop | Check this date | ||
| Air Canada Aeroplan | 42,500 pts + $81.24 | 9+ | 1 stop | Check this date | ||
| United MileagePlus | 50,000 pts + $55.44 | 2 | 2 stops | Check this date | ||
| Turkish Miles & Smiles | 65,000 pts + taxes not reported | 1 | 1 stop | Check this date | ||
| GOL Smiles | 86,400 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 economy award space
- Air France/KLM Flying Blue: nonstop from 45,500 miles; nonstop space on 133 dates.
- GOL Smiles: nonstop from 166,700 miles; nonstop space on 312 dates.
Best months for economy from Madrid (MAD) to Panama City (PTY)
| Month | Lowest observed | Program | Dates |
|---|---|---|---|
| 42,500 pts + taxes not reported | Air Canada Aeroplan | 4 | |
| 32,500 pts + taxes not reported | American Airlines AAdvantage | 4 | |
| 42,500 pts + taxes not reported | Air Canada Aeroplan | 9 | |
| 32,500 pts + taxes not reported | American Airlines AAdvantage | 3 | |
| 30,000 pts + taxes not reported | Air France/KLM Flying Blue | 28 | |
| 30,000 pts + taxes not reported | Air France/KLM Flying Blue | 31 | |
| 30,000 pts + taxes not reported | Air France/KLM Flying Blue | 30 | |
| 30,000 pts + taxes not reported | Air France/KLM Flying Blue | 31 | |
| 30,000 pts + taxes not reported | Air France/KLM Flying Blue | 30 | |
| 32,500 pts + taxes not reported | American Airlines AAdvantage | 1 | |
| 32,500 pts + taxes not reported | American Airlines AAdvantage | 11 | |
| 32,500 pts + taxes not reported | American Airlines AAdvantage | 6 |
Airlines seen in economy
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, Qantas Frequent Flyer and GOL Smiles
- 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 and GOL Smiles
- 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, United MileagePlus and GOL Smiles
- Delta Air Lines (DL): Air France/KLM Flying Blue
- Aer Lingus (EI): United MileagePlus
- IBERIA (IB): American Airlines AAdvantage, Qantas Frequent Flyer and GOL Smiles
- 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
- BoA Boliviana de Aviacion (OB): GOL Smiles
- Brussels Airlines (SN): United MileagePlus
- Turkish Airlines (TK): Air Canada Aeroplan, 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
| 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 | — |
| 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.
Questions about economy award flights from Madrid (MAD) to Panama City (PTY)
What's the lowest economy award from Madrid (MAD) to Panama City (PTY)?
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). Search live before transferring points.
Which programs had economy award space from Madrid (MAD) to Panama City (PTY)?
Air France/KLM Flying Blue (305 dates), American Airlines AAdvantage (71 dates), Air Canada Aeroplan (267 dates), United MileagePlus (327 dates), Qantas Frequent Flyer (129 dates), Turkish Miles & Smiles (133 dates) and GOL Smiles (319 dates), in the last 30 days.
Is there nonstop economy award space from Madrid (MAD) to Panama City (PTY)?
Yes. AwardTool observed nonstop economy award space via Air France/KLM Flying Blue and GOL Smiles. The lowest nonstop award was 45,500 miles with Air France/KLM Flying Blue, which showed nonstop economy space on 133 dates.
Which months had the lowest economy 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 economy award AwardTool observed was for Mar 2027 departures: 30,000 miles with Flying Blue (31 dates). The month table shows every lowest price, including those. Based on dates we observed, not a forecast.