-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HlqB5gQq+X8GvGP5LsDacpnwTXyxG2nkmPihBschJoj7u59BBnz7JYrPuyYJcAYI
 Ze1+/WVVd3EErBhjrSmUhA==

<SEC-DOCUMENT>0001053813-05-000002.txt : 20050309
<SEC-HEADER>0001053813-05-000002.hdr.sgml : 20050309
<ACCEPTANCE-DATETIME>20050309162520
ACCESSION NUMBER:		0001053813-05-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040831
FILED AS OF DATE:		20050309
DATE AS OF CHANGE:		20050309

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PERAZZO TONI M
		CENTRAL INDEX KEY:			0001053813

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13387
		FILM NUMBER:		05669631

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		6506963900

	MAIL ADDRESS:	
		STREET 1:		1440 CHAPIN AVENUE
		STREET 2:		SUITE 310
		CITY:			BURLINGAME
		STATE:			CA
		ZIP:			94010

ISSUER:		

	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

	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>4
<SEQUENCE>1
<FILENAME>f4tmp090204_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-08-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001036848</issuerCik>
        <issuerName>AEROCENTURY CORP</issuerName>
        <issuerTradingSymbol>ACY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001053813</rptOwnerCik>
            <rptOwnerName>PERAZZO TONI M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1440 CHAPIN AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 310</rptOwnerStreet2>
            <rptOwnerCity>BURLINGAME</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94010</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Sr.V.P Finance, Secty.</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-08-31</value>
                <footnoteId id="F1"/>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.39</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>259717.8</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Spouse</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This filing corrects an ommission in reporting an increase in beneficial ownership arising from the purchase of Common Stock
on August 31, 2004 by the spouse of reporting person, Neal D. Crispin, who is also a reporting person. The purchase by Mr.
Crispin was timely reported on a Form 4 on September 2, 2004.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Toni M. Perazzo</signatureName>
        <signatureDate>2005-03-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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