The cheapest Lisbon to Madeira return flight on the radar right now is €61, flying with TAP Air Portugal non-stop. It covers departures in March 2027, and every dated link below opens that exact LIS–FNC search on Skyscanner. Across 15 recorded checks it has ranged between €61 and €193. Our sampling points to March 2027 as the cheapest month to fly Lisbon to Madeira.
Prices are re-checked against Skyscanner automatically, and every one shows when it was last confirmed, so nothing here is older than it looks. Not flying from Lisbon? We track 60 other departure cities for Madeira, listed at the foot of this page.
Prices like this tend to vanish fast. If it has gone when you look, try the days either side of the dates above, since Lisbon to Madeira is often still worth booking within a day or two of the fare we found.