The COVID-19 pandemic sent shockwaves through the aviation industry, triggering a cascade of unprecedented challenges for aircraft lessors and lessees. This review paper undertakes a comprehensive legal analysis of how the pandemic has impacted aircraft leasing contracts, with a keen examination of three key aspects: force majeure clauses, lease term renegotiation, and government support measures. The force majeure clauses, and customary safeguards in aviation contracts, assumed center stage as the pandemic's disruptive effects reverberated. This paper delves into their definition and function within the context of aircraft leasing, exploring the legal implications and controversies that arose when parties invoked them during the crisis. Amidst the upheaval, lease term renegotiations emerged as a critical strategy to navigate the turbulent skies of the pandemic era. We investigate the contractual flexibility required for such adaptations, scrutinizing the legal issues surrounding these renegotiations, all while emphasizing the preservation of the parties' rights under existing agreements. Furthermore, we dissect the governmental responses that aimed to provide a lifeline to an industry in turmoil. This includes an examination of financial aid packages and regulatory concessions offered by governments and the resulting legal implications they carried for lessors and lessees. Drawing upon case law and legal terminology, this paper offers an insightful exploration into the intricate legal landscape shaped by COVID-19's impact on aircraft leasing contracts, providing a valuable resource for scholars, practitioners, and stakeholders navigating this challenging terrain