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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001036848-98-000011.txt : 19980520
<SEC-HEADER>0001036848-98-000011.hdr.sgml : 19980520
ACCESSION NUMBER:		0001036848-98-000011
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19980518
ITEM INFORMATION:		
FILED AS OF DATE:		19980519
SROS:			AMEX

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AEROCENTURY CORP
		CENTRAL INDEX KEY:			0001036848
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359]
		IRS NUMBER:				943263974
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	001-13387
		FILM NUMBER:		98628126

	BUSINESS ADDRESS:	
		STREET 1:		1440 CHAPIN AVE STE 310
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010
		BUSINESS PHONE:		6503401888

	MAIL ADDRESS:	
		STREET 1:		1440 CHAPIN AVENUE SUITE 310
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AEROMAX INC
		DATE OF NAME CHANGE:	19970331
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>FORM 8-K
<TEXT>

  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): May 18, 1998

                                AeroCentury Corp.
             (Exact name of Registrant as specified in its charter)

Delaware                                                     94-3263974
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)

1440 Chapin Avenue, Suite 310
Burlingame, California  94010
(Address of principal executive offices)  (Zip code)

                                 (650) 340-1888
               (Registrant's telephone number including area code)

                                 Not applicable
         (Former name and former address, if changed since last report)


Item 4.  Changes in Registrant's Certifying Accountant

On May 17, 1998, Arthur Andersen LLP was engaged as the Company's auditors.
                                 
<PAGE>

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                              AeroCentury Corp.

May 19, 1998                         By: /s/ Neal D. Crispin
Date                                    ------------------------------------ 
                                        Neal D. Crispin, President & 
                                        Chairman of the Board of Directors


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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