UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

  Date of Report (Date of Earliest Event Reported):     October 29, 2007  

Commission File No.:    001-13387

AEROCENTURY CORP.

_________________________________________

(Exact name of registrant as specified in its charter)

Delaware	94-3263974
(State or Other Jurisdiction of incorporation)	(I.R.S. Employer Identification No.)
1440 Chapin Avenue, Suite 310 Burlingame, CA  94010	94010
(Address of principal executive offices)	(Zip Code)

(650) 340-1888

Registrant’s telephone number, including area code:

Not Applicable

Former Name or Former Address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02: Election of Director

On October 26, 2007, the Board of Directors of AeroCentury Corp. approved a resolution increasing the authorized number of members of the Board of Directors to 7.  The newly created director seat will be added to Class I directors, who are next up for election at the May 2008 Stockholders' Meeting.  On the same date, by resolution of the Board of Directors, Mr. Roy E Hahn, managing director of Marbridge Group LLC, was appointed to the vacancy created by the increase in authorized directors. Mr. Hahn was also appointed to the Audit Committee of the Board of Directors.

	AEROCENTURY CORP.
Date: October 29. 2007	By:	/s/  Neal D. Crispin
		Title: President