SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) March 30, 1999
ICON Income Fund Eight A. L.P.
(Exact name of registrant as specified in its charter)
Delaware 333-54011 13-4006824
(State or other jurisdiction of (Commission (IRS
Employer
incorporation or organization) File Number)
Identification Number)
600 Mamaroneck Avenue, Harrison, New York 10528-1632
(Address of principal executive offices) (Zip Code)
(914) 698-0600
(Registrant's telephone number, including area code)
Items 1 and 3 through 8 Not Applicable.
Item 2. Acquisition or Disposition of Assets.
ICON Capital Corp. of Harrison NY ("ICON"), the General
Partner of ICON Income Fund Eight A L.P. (the "Registrant"), a
publicly registered equipment leasing partnership managed by
ICON, announced today the acquisition of two significant assets
for the portfolio of the Registrant.
On March 30, 1999 the Registrant acquired various pieces of information
systems and network server equipment. This equipment has a gross purchase price
of $7,687,321 and is subject to leases with terms ending March 30, 2002 with
Amazon.com, Inc. ("Amazon.com"). Amazon.com sells mainly selling books, compact
disks, video and audio tapes to the global general public via the Internet. The
company completed its initial public offering in May 1997, and is currently
traded on the NASDAQ market system.
On March 30, 1999 the Registrant acquired two Boeing 737-200 Advanced
aircraft with a gross purchase price of $13,699,000 and leased to America West
Airlines, Inc. ("America West") with a primary lease term ending December 2003.
America West is believed to be the ninth largest commercial air carrier in the
United States as measured by passenger enplanement. America West has hubs in
Phoenix, Las Vegas and Columbus, Ohio and serves both domestic and international
destinations.
On March 30, 1999 the Registrant acquired a 115 foot tugboat and a 414
foot, 70,000 barrel tank barge on charter to Keystone Great Lakes, Inc., whose
obligations are ultimately guaranteed by BP Amoco Plc. The Vessels had a gross
purchase price of $13,310,245 with a primary lease term ending March 30, 2003.
BP Amoco Plc is one of the world's largest oil companies.
On March 30, 1999 the registrant purchased rotables used in the maintenance
of aircraft with a gross purchase price of $3,067,695 and leased to Sabena SA
("Sabena") with primary lease term ending March 30, 2002. Rotables are
serialized aircraft components that can be overhauled, repaired and placed back
into service in an aircraft; some examples of rotables include instruments,
accessories and flight management computers. Sabena is the Belgian flag carrier
airline which provides service to many European an d Asian destinations;
Swissair now owns 49.5% of Sabena. In Europe, Sabena has partnership
arrangements with 15 airlines.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized. By: ICON Income Fund Eight A L.P. By: ICON Capital
Corp., Its General Partner
By:
/s/ John L. Lee
John L. Lee,
Its Senior Vice President
and Secretary
Dated: April 15, 1999
