Award flights from Panama City (PTY) to Madrid (MAD)
In the last 30 days AwardTool saw award space on 6 programs for PTY→MAD. Lowest economy: 30,000 miles + $188.35 (Air France/KLM Flying Blue). Lowest business class: 62,500 miles + $115.34 (American Airlines AAdvantage). Lowest premium economy: 42,500 miles + $137.15 (American Airlines AAdvantage).
Data as of
Award prices last changed . AwardTool checks these routes daily; seats change quickly.
Panama City (PTY) to Madrid (MAD) at a glance
- From
- Tocumen International, Panama City, Panama (PTY)
- To
- Madrid Barajas International, Madrid, Spain (MAD)
- Programs with award space seen
- 6 of 8 programs tracked on this route
- Nonstop award space seen
- Yes, in economy and premium economy, via American Airlines AAdvantage, GOL Smiles and Air France/KLM Flying Blue
- Airlines seen on these awards
- Eurowings Discover (4Y), American Airlines (AA), Air Canada (AC), Air France (AF), Aeromexico (AM), Avianca (AV), ITA Airways (AZ), British Airways (BA), COPA Airlines (CM), Aer Lingus (EI), IBERIA (IB), KLM (KL) and 8 more
- Departures with open awards
- Oct 2026 to Sep 2027
- Observation window
- Awards observed in the last 30 days
- Destination guide
- Award flights to Madrid (MAD)
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 + $188.35 | 1 stopNonstop from 45,500 pts | Air France (AF), Aeromexico (AM), COPA Airlines (CM), KLM (KL) +1 more | 9+ | 296 | See dates | |
| American Airlines AAdvantage | 32,500 pts + $102.44 | 2 stops | American Airlines (AA), British Airways (BA), IBERIA (IB) | — | 58 | See dates | |
| Air Canada Aeroplan | 40,000 pts + $104.74 | 1 stop | Air Canada (AC), Avianca (AV), COPA Airlines (CM), Turkish Airlines (TK) +1 more | 9+ | 290 | See dates | |
| United MileagePlus | 45,000 pts + $77.44 | 1 stop | Eurowings Discover (4Y), Air Canada (AC), Avianca (AV), ITA Airways (AZ) +8 more | 9+ | 327 | See dates | |
| Turkish Miles & Smiles | 65,000 pts + taxes not reported | 1 stop | Turkish Airlines (TK) | 1 | 314 | See dates | |
| GOL Smiles | 86,400 pts + taxes not reported | 1 stopNonstop from 109,400 pts | American Airlines (AA), Air France (AF), Aeromexico (AM), Avianca (AV) +6 more | 1 | 321 | See dates |
Premium Economy
| Program | Points + taxes | Stops | Airlines seen | Seats | Dates seen | Newest observation | |
|---|---|---|---|---|---|---|---|
| American Airlines AAdvantageLowest observed | 42,500 pts + $137.15 | Nonstop | American Airlines (AA), British Airways (BA), IBERIA (IB) | — | 25 | See dates | |
| Air France/KLM Flying Blue | 50,000 pts + $281.15 | 1 stop | Air France (AF), KLM (KL), Air Europa (UX) | 9+ | 295 | See dates | |
| Air Canada Aeroplan | 65,870 pts + $108.04 | 2 stops | Air Canada (AC), COPA Airlines (CM), United Airlines (UA) | 1 | 114 | See dates | |
| United MileagePlus | 190,000 pts + $77.44 | 1 stop | Avianca (AV), ITA Airways (AZ), COPA Airlines (CM), Aer Lingus (EI) +6 more | 4 | 270 | See dates | |
| GOL Smiles | 261,000 pts + taxes not reported | 2 stops | American Airlines (AA), Avianca (AV), IBERIA (IB) | 1 | 16 | See dates |
Not seen in premium economy: Turkish Miles & Smiles.
Business Class
| Program | Points + taxes | Stops | Airlines seen | Seats | Dates seen | Newest observation | |
|---|---|---|---|---|---|---|---|
| American Airlines AAdvantageLowest observed | 62,500 pts + $115.34 | 2 stopsMixed cabin | American Airlines (AA), British Airways (BA), IBERIA (IB) | — | 9 | See dates | |
| Air Canada Aeroplan | 75,000 pts + $102.05 | 2 stops | Air Canada (AC), COPA Airlines (CM), Turkish Airlines (TK), TAP Portugal (TP) +1 more | 2 | 91 | See dates | |
| Air France/KLM Flying Blue | 85,000 pts + $404.35 | 1 stop | Air France (AF), Aeromexico (AM), COPA Airlines (CM), KLM (KL) +1 more | 2 | 295 | See dates | |
| Turkish Miles & Smiles | 100,000 pts + taxes not reported | 1 stop | Turkish Airlines (TK) | 1 | 310 | See dates | |
| United MileagePlus | 110,000 pts + $61.41 | 2 stops | Eurowings Discover (4Y), Avianca (AV), ITA Airways (AZ), COPA Airlines (CM) +7 more | 9+ | 327 | See dates | |
| GOL Smiles | 396,600 pts + taxes not reported | 2 stops | Air France (AF), Avianca (AV), COPA Airlines (CM), IBERIA (IB) +3 more | 1 | 184 | 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 | Air France/KLM Flying Blue | 30,000 pts + $188.35 | 9+ | 1 stop | Check this date | ||
| Premium Economy | American Airlines AAdvantage | 42,500 pts + $109.34 | — | 2 stops | Check this date | ||
| Business | American Airlines AAdvantage | 62,500 pts + $155.24 | — | 2 stops | Check this date | ||
| Business | Turkish Miles & Smiles | 100,000 pts + taxes not reported | 1 | 1 stop | Check this date | ||
| Business | United MileagePlus | 110,000 pts + $94.34 | 9+ | 2 stops | Check this date | ||
| Business | Air Canada Aeroplan | 110,000 pts + $88.35 | 2 | 1 stop | Check this date | ||
| Business | GOL Smiles | 396,600 pts + taxes not reported | 1 | 2 stops | 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 199 dates (2 programs had nonstop space).
- Premium economy: nonstop space via American Airlines AAdvantage.
Best months to fly from Panama City (PTY) to Madrid (MAD) on points
| Month | Economy | Premium Economy | Business |
|---|---|---|---|
| 32,500 · AAdvantage (9 dates) | 42,500 · AAdvantage (3 dates) | 62,500 · AAdvantage (1 date) | |
| 30,000 · Flying Blue (20 dates) | 42,500 · AAdvantage (9 dates) | 62,500 · AAdvantage (5 dates) | |
| 30,000 · Flying Blue (30 dates) | 42,500 · AAdvantage (2 dates) | 85,000 · Flying Blue (29 dates) | |
| 32,500 · AAdvantage (1 date) | 50,000 · Flying Blue (31 dates) | 85,000 · Flying Blue (31 dates) | |
| 32,500 · AAdvantage (9 dates) | 50,000 · Flying Blue (28 dates) | 85,000 · Flying Blue (28 dates) | |
| 32,500 · AAdvantage (2 dates) | 69,837 · Aeroplan (4 dates) | 100,000 · Miles&Smiles (27 dates) | |
| 32,500 · AAdvantage (3 dates) | 42,500 · AAdvantage (1 date) | 75,000 · Aeroplan (4 dates) | |
| 32,500 · AAdvantage (9 dates) | 42,500 · AAdvantage (1 date) | 85,000 · Flying Blue (31 dates) | |
| 42,500 · Aeroplan (30 dates) | 50,000 · Flying Blue (30 dates) | 85,000 · Flying Blue (30 dates) | |
| 30,000 · Flying Blue (31 dates) | 42,500 · AAdvantage (2 dates) | 62,500 · AAdvantage (1 date) | |
| 32,500 · AAdvantage (5 dates) | 42,500 · AAdvantage (7 dates) | 62,500 · AAdvantage (2 dates) | |
| 32,500 · AAdvantage (2 dates) | 105,895 · Aeroplan (2 dates) | 185,000 · Miles&Smiles (9 dates) |
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 | — |
| 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 Panama City (PTY) to Madrid (MAD)
Route calendar
Every departure date with open award seats on PTY→MAD for United MileagePlus and the other programs: a limited window on the free plan and 365 days with Pro.
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Search Panama City (PTY) to Madrid (MAD)Questions about award flights from Panama City (PTY) to Madrid (MAD)
What's the lowest Panama City (PTY) to Madrid (MAD) award price AwardTool has seen?
In economy, 30,000 miles + $188.35 with Air France/KLM Flying Blue. Air France/KLM Flying Blue showed economy award space on 296 departure dates (newest observation Oct 15, 2026, 06:55 UTC). In business class, 62,500 miles + $115.34 with American Airlines AAdvantage. American Airlines AAdvantage showed business-class award space on 9 departure dates (newest observation Oct 13, 2026, 21:57 UTC). Search live before transferring points.
Which loyalty programs had award space from Panama City (PTY) to Madrid (MAD)?
6 programs in the last 30 days: American Airlines AAdvantage (economy 58 dates, premium economy 25 dates, business class 9 dates); Air Canada Aeroplan (economy 290 dates, premium economy 114 dates, business class 91 dates); GOL Smiles (economy 321 dates, premium economy 16 dates, business class 184 dates); Air France/KLM Flying Blue (economy 296 dates, premium economy 295 dates, business class 295 dates); Turkish Miles & Smiles (economy 314 dates, business class 310 dates); United MileagePlus (economy 327 dates, premium economy 270 dates, business class 327 dates). Dates count departure dates with an open award.
Is there nonstop award space from Panama City (PTY) to Madrid (MAD)?
Yes. AwardTool observed nonstop award space in economy and premium economy, bookable via American Airlines AAdvantage, GOL Smiles and Air France/KLM Flying Blue. The lowest nonstop award in economy was 45,500 miles with Air France/KLM Flying Blue.
Which credit card points can book awards from Panama City (PTY) to Madrid (MAD)?
American Express Membership Rewards: Air Canada Aeroplan (1:1), Air France/KLM Flying Blue (1:1). Bilt Rewards: Air Canada Aeroplan (1:1), Air France/KLM Flying Blue (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), 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), 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 Panama City (PTY) to Madrid (MAD)?
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 Jul 2027 departures, 30,000 miles with Flying Blue (31 dates); in business class, the lowest award was for Nov 2026 departures, 62,500 miles with AAdvantage (5 dates). The month table shows every lowest price, including those. Based on dates we observed, not a forecast.