UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 10-Q


     [x]  Quarterly  Report  Pursuant  to Section 13 or 15(d) of the  Securities
Exchange Act of 1934

for the quarterly period ended                    June 30, 2005
                               -------------------------------------------------

     [ ]  Transition  Report  Pursuant to Section 13 or 15(d) of the  Securities
Exchange Act of 1934

for the transition period from _________________________to _____________________

Commission File Number                      333-54011
                       ---------------------------------------------------------

                          ICON Income Fund Eight A L.P.
             (Exact name of registrant as specified in its charter)


         Delaware                                      13-4006824
(State or other jurisdiction of             (IRS Employer Identification Number)
incorporation or organization)


 100 Fifth Avenue, New York, New York                10011-1505
--------------------------------------------------------------------------------
(Address of principal executive offices)            (Zip code)


                                 (212) 418-4700
               Registrant's telephone number, including area code

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. [x] Yes [ ] No

Indicate  by check mark  whether  the  registrant  is an  accelerated  filer (as
defined in Exchange Act Rule 12b-2). [ ] Yes [x] No

<PAGE>

                          ICON Income Fund Eight A L.P.
                                      Index


<TABLE>
<CAPTION>


PART I - FINANCIAL INFORMATION

<S>                                                                                         <C>
     Item 1.  Condensed Consolidated Financial Statements

         Condensed Consolidated Balance Sheets at June 30, 2005 (Unaudited)
           and December 31, 2004                                                                 3-4

         Condensed Consolidated Statements of Operations for the three and six
           months ended June 30, 2005 and 2004 (Unaudited)                                         5

         Condensed ConsolidatedStatement of Changes in Partners' Equity for the six months
           ended June 30, 2005 (Unaudited)                                                         6

         Condensed Consolidated Statements of Cash Flows for the six months
           ended June 30, 2005 and 2004 (Unaudited)                                              7-8

         Notes to Condensed Consolidated Financial Statements (Unaudited)                       9-12

     Item 2.  General Partner's Discussion and Analysis of Financial Condition and
       Results of Operations                                                                   13-22

     Item 3.  Quantitative and Qualitative Disclosures About Market Risk                          22

     Item 4.  Controls and Procedures                                                             23

PART II - OTHER INFORMATION

     Item 1.  Legal Proceedings                                                                   24

     Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds                         24

     Item 3.  Defaults Upon Senior Securities                                                     24

     Item 4.  Submission of Matters to a Vote of Security Holders                                 24

     Item 5.  Other Information                                                                   24

     Item 6.  Exhibits                                                                            24

         Signatures                                                                               25

         Certifications                                                                        26-29

</TABLE>

                                       2
<PAGE>

                         PART I - FINANCIAL INFORMATION

     Item 1.  Condensed Consolidated Financial Statements

                          ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
                      Condensed Consolidated Balance Sheets

                                     ASSETS

<TABLE>
<CAPTION>
                                                           (Unaudited)
                                                             June 30,       December 31,
                                                              2005             2004
                                                              ----             ----


<S>                                                       <C>            <C>
Cash and cash equivalents                                 $  7,475,874   $     718,195
                                                          ------------   -------------

 Investments in finance leases:
   Minimum rents receivable                                  1,246,272       5,142,302
   Estimated unguaranteed residual values                           -       16,589,619
   Unearned income                                            (219,667)     (1,318,548)
   Allowance for doubtful accounts                            (125,842)       (125,842)
                                                         -------------   -------------

     Net investments in finance leases                         900,763      20,287,531
                                                         -------------   -------------

 Investments in operating leases:
   Equipment, at cost                                       37,188,950      37,873,680
   Accumulated depreciation                                (11,838,897)     (7,752,404)
                                                         -------------   -------------

     Net investments in operating leases                    25,350,053      30,121,276
                                                         -------------   -------------

 Equipment held for sale or lease, net                         281,999       1,621,154
 Investments in estimated unguaranteed residual values       1,997,000       1,997,000
 Investments in joint ventures                                 205,272         274,054
 Convertible notes and accrued interest receivable           1,652,693         625,000
 Other assets, net                                             259,145         273,986
                                                         -------------   -------------

     Total assets                                        $  38,122,799   $  55,918,196
                                                         =============   =============

See accompanying notes to condensed consolidated financial statements.


</TABLE>

                                       3
<PAGE>

                          ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
                      Condensed Consolidated Balance Sheets

                        LIABILITIES AND PARTNERS' EQUITY


<TABLE>
<CAPTION>
                                                     (Unaudited)
                                                        June 30,        December 31,
                                                         2005              2004
                                                         ----              ----

<S>                                                <C>              <C>
Notes payable - non-recourse                       $    19,525,387  $    33,646,477
Notes payable - recourse                                        -         4,625,000
Accounts payable and accrued expenses                       21,433              818
Due to General Partner and affiliates                      142,482           73,682
Deferred rental income                                          -           540,114
Minority interest                                          413,440          424,127
                                                   ---------------  ---------------

  Total liabilities                                     20,102,742       39,310,218
                                                   ---------------  ---------------

Commitments and contingencies
Partners' equity:
  General Partner                                         (485,085)        (489,833)
  Limited Partners: (739,515.40 units outstanding,
   $100 per unit original issue price)                  16,960,569       16,472,811
  Accumulated other comprehensive income                 1,544,573          625,000
                                                   ---------------  ---------------

  Total partners' equity                                18,020,057       16,607,978
                                                   ---------------  ---------------

  Total liabilities and partners' equity           $    38,122,799  $    55,918,196
                                                   ===============  ===============

</TABLE>

See accompanying notes to condensed consolidated financial statements.
                                       4
<PAGE>


                         ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
                 Condensed Consolidated Statements of Operations
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                            Three Months Ended June 30,      Six Months Ended June 30,
                                                               2005            2004            2005             2004
                                                               -----           ----            ----             -----
 Revenue:
<S>                                                        <C>           <C>                <C>            <C>
    Rental income                                          $  2,169,063  $       360,000    $ 4,461,393    $   720,000
    Finance income                                              343,109          579,858        851,673      1,213,980
    Income (loss) from investments in joint ventures                732          (24,510)         1,011        (44,665)
    Net gain on sales of equipment and residual values        4,844,909           45,259      4,787,391         82,324
    Interest and other income                                    50,607            2,074        122,216         12,819
                                                           ------------  ---------------    -----------    -----------

      Total revenue                                           7,408,420          962,681     10,223,684      1,984,458
                                                           ------------  ---------------    -----------    -----------

 Expenses:
    Loss on lease termination                                     -                 -               -            3,421
    Depreciation                                              2,043,247          253,004      4,086,493        752,331
    Interest                                                    396,008          419,575        924,425        818,315
    General and administrative                                   74,735          121,898        155,406        189,494
    Management fees - General Partner                            19,272           25,309        357,799        315,592
    Administrative expense reimbursements
    - General Partner                                            81,143           28,005        218,797        129,976
    Amortization of initial direct costs and loan costs          35,260           51,443         84,679         94,572
    Impairment loss                                           1,836,395              -        1,836,395           -
    Minority interest                                            35,548            3,654         57,621          7,446
                                                           ------------  ---------------    ----------     -----------

      Total expenses                                          4,521,608          902,888      7,721,615      2,311,147
                                                           ------------  ---------------    -----------    -----------

 Net income (loss)                                         $  2,886,812  $        59,793    $ 2,502,069    $  (326,689)
                                                           ============  ===============    ===========    ===========

 Net income (loss) allocable to:
    Limited Partners                                       $  2,857,944  $        59,195    $ 2,477,048    $  (323,422)
    General Partner                                              28,868              598         25,021         (3,267)
                                                           ------------  ---------------    -----------    -----------

                                                           $  2,886,812  $        59,793    $ 2,502,069    $  (326,689)
                                                           ============  ===============    ===========    ===========

 Weighted average number of limited partnership
    units outstanding                                           739,515          739,900        739,515        740,367
                                                           ============  ===============    ===========    ===========
 Net income (loss) per weighted average
    limited partnership unit                               $       3.86  $          0.08    $      3.35    $     (0.44)
                                                           ============  ===============    ===========    ===========

</TABLE>

See accompanying notes to condensed consolidated financial statements.
                                      5
<PAGE>

                          ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
               Condensed Statement of Changes in Partners' Equity
                         Six Months Ended June 30, 2005
                                   (Unaudited)

<TABLE>
<CAPTION>
                                         Limited Partner Distributions                              Accumulated
                                          (Per weighted average unit)                                  Other           Total
                                            Return of    Investment      Limited       General     Comprehensive      Partners'
                                              Capital     Income        Partners       Partner        Income          Equity
                                              -------     ------        --------       -------        ------          ------

<S>                                          <C>          <C>        <C>             <C>          <C>            <C>
Balance, January 1, 2005                                             $   16,472,811  $  (489,833) $    625,000   $  16,607,978
 Cash distributions to partners              $ (2.69)     $ 3.35         (1,989,290)     (20,273)        -          (2,009,563)
 Valuation adjustment on convertible notes                                   -              -          919,573         919,573
 Net income                                                               2,477,048       25,021         -           2,502,069
                                                                     --------------   -----------  -----------    -------------

Balance, June 30, 2005                                               $   16,960,569   $ (485,085)  $ 1,544,573   $  18,020,057
                                                                     ==============   ===========  ===========   =============

</TABLE>

See accompanying notes to condensed consolidated financial statements.

                                       6
<PAGE>
                          ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
                 Condensed Consolidated Statements of Cash Flows
                            Six Months Ended June 30,
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                                       2005            2004
                                                                                        ----            ----
 Cash flows from operating activities:
<S>                                                                             <C>               <C>
    Net income (loss)                                                           $     2,502,069   $     (326,689)
    Adjustments to reconcile net income (loss) to net cash used in
      operating activities:
        Rental income paid directly to lenders by lessees                            (4,461,393)        (720,000)
        Interest expense on non-recourse financing paid directly
          to lenders by lessees                                                         784,116          678,092
        Finance income portion of receivable
         paid directly to lenders by lessees                                           (851,673)      (1,025,131)
        Net gain on sales of equipment and residual values                           (4,787,391)         (82,324)
        Loss on lease termination                                                            -             3,421
        Amortization of initial direct costs and loan costs                              84,679           94,572
        Depreciation                                                                  4,086,493          752,331
        (Income) loss from investments in joint ventures                                 (1,011)          44,665
        Impairment loss                                                               1,836,395               -
        Minority interest                                                                57,621            7,446
      Changes in operating assets and liabilities:
        Collection of principal - non-financed receivables                              379,535          175,786
        Accrued interest income                                                        (108,120)              -
        Other assets                                                                     (6,230)        (275,692)
        Due to General Partner and affiliates, net                                       (2,491)         244,265
        Deferred rental income                                                            3,118               -
        Security deposits and other payables                                               (409)        (163,749)
                                                                                ---------------   --------------

 Net cash used in operating activities                                                 (484,692)        (593,007)
                                                                                ---------------   --------------

 Cash flows from investing activities:
    Proceeds from sales of equipment and residual values                             21,504,042        1,276,631
    Investment in joint venture                                                              -        (1,446,871)
    Distributions received from joint ventures                                            8,200          341,690
                                                                                ---------------   --------------

 Net cash provided by investing activities                                           21,512,242          171,450
                                                                                ---------------   --------------

 Cash flows from financing activities:
    Proceeds from note payable - non-recourse                                                -        11,193,368
    Proceeds from note payable - recourse                                               775,000        1,390,000
    Cash distributions to partners                                                   (2,009,563)      (1,962,572)
    Redemption of limited partner units                                                      -          (122,366)
    Repayments of notes payable - non-recourse                                       (7,635,308)      (3,878,717)
    Repayments of notes payable - recourse                                           (5,400,000)      (5,574,547)
                                                                                ---------------   --------------

 Net cash (used in) provided by financing activities                                (14,269,871)       1,045,166
                                                                                ---------------   --------------

 Net increase in cash and cash equivalents                                            6,757,679          623,609
 Cash and cash equivalents, beginning of the period                                     718,195           52,101
                                                                                ---------------   --------------

 Cash and cash equivalents, end of the period                                   $     7,475,874   $      675,710
                                                                                ===============   ==============
</TABLE>
See accompanying notes to condensed consolidated financial statements.

                                       7
<PAGE>

                         iCON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
                 Condensed Consolidated Statements of Cash Flows
                            Six Months Ended June 30,
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                            2005           2004
                                                                            ----           ----
 Supplemental disclosure of cash flow information:
<S>                                                                     <C>            <C>
    Cash paid during the period for interest                            $    140,309   $    72,280
                                                                        ============   ===========

 Supplemental disclosure of non-cash investing and financing activities:
    Principal and interest paid directly to lenders by lessees          $  7,269,898   $ 4,876,230
                                                                        ============   ===========
</TABLE>

See accompanying notes to condensed consolidated financial statements.

                                       8
<PAGE>
                          ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
              Notes To Condensed Consolidated Financial Statements
                                  June 30, 2005
                                   (Unaudited)

(1)    Basis of Presentation and Consolidation

     The accompanying condensed consolidated financial statements of ICON Income
Fund Eight A L.P. (the  "Partnership")  have been  prepared in  accordance  with
accounting  principles  generally  accepted in the United  States of America for
interim  financial  information and pursuant to the rules and regulations of the
Securities  and  Exchange  Commission  for Form 10-Q.  Accordingly,  they do not
include all of the information and footnotes  required by accounting  principles
generally  accepted  in the United  States of  America  for  complete  financial
statements.  In the opinion of management,  all adjustments  (consisting only of
normal recurring  accruals)  considered  necessary for a fair  presentation have
been included.  These condensed consolidated financial statements should be read
in conjunction with the consolidated  financial statements and notes included in
the  Partnership's  2004 Annual Report on Form 10-K. The results for the interim
period are not necessarily indicative of the results for the full year.

     The condensed consolidated financial statements include the accounts of the
Partnership and its majority owned  subsidiary.  All  intercompany  accounts and
transactions have been eliminated in consolidation. The Partnership accounts for
its  interests  in minority  owned  joint  ventures  under the equity  method of
accounting.  In such cases, the Partnership's  original investments are recorded
at cost and  adjusted for its share of earnings,  losses and  distributions.  In
joint ventures where the  Partnership's  ownership  interest is majority  owned,
minority  interest  represents the minority  venturer's  proportionate  share of
their equity in the joint  venture.  The  minority  interest is adjusted for the
minority venturer's share of the earnings or loss of the joint venture.

(2)    Organization

     The  Partnership  was  formed  on  July  9,  1997  as  a  Delaware  limited
partnership for the purpose of acquiring  equipment  subject to leases and, to a
lesser degree,  acquiring ownership rights to items of leased equipment at lease
expiration.  The  Partnership  will  continue  until  December 31, 2017,  unless
terminated sooner.

     The  Partnership  is currently  in its  "reinvestment"  phase,  wherein the
Partnership  seeks to purchase  equipment  from time to time through  October of
2005. After the "reinvestment  period",  the Partnership will then begin to sell
its assets in the  ordinary  course of business  during a time frame  called the
"disposition  period".  If the  Partnership  believes it would be  beneficial to
reinvest  the  cash  flow  in  equipment  during  the  disposition  period,  the
Partnership  may do so, but the General  Partner will not receive any additional
fees in connection with such reinvestments.

     The General  Partner of the Partnership is ICON Capital Corp. (the "General
Partner"), a Connecticut  corporation.  The General Partner manages and controls
the  business  affairs  of the  Partnership's  equipment  leases  and  financing
transactions  under the terms of a management  agreement  with the  Partnership.
Additionally,   the  General  Partner  has  a  1%  ownership   interest  in  the
Partnership.

     Profits,  losses, cash distributions and disposition proceeds are allocated
99% to the limited  partners  and 1% to the General  Partner  until each limited
partner has received cash distributions and disposition  proceeds  sufficient to
reduce  its  adjusted  capital  contribution  account  to zero and  receive,  in
addition,  other  distributions  and  allocations  which would provide a 10% per
annum  cumulative  return on their  outstanding  adjusted  capital  contribution
account. After such time, the distributions will be allocated 90% to the limited
partners and 10% to the General Partner.

                                       9
<PAGE>
                          ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
              Notes To Condensed Consolidated Financial Statements
                                  June 30, 2005
                                   (Unaudited)

(2)    Organization - continued

     Certain  reclassifications  have  been made to the  accompanying  condensed
consolidated  financial  statements  for the three and six months ended June 30,
2004 to conform to the current period presentation.

(3)    Joint Ventures

     ICON/Boardman Facility LLC

     The Partnership  and an affiliate,  ICON Cash Flow Partners L.P. Six ("L.P.
Six")  had  ownership  interests  of  99.4975%  and  .5025%,  respectively,   in
ICON/Boardman  Facility LLC ("ICON BF"). ICON BF owned a coal handling  facility
on lease with Portland General Electric ("PGE"),  a utility company in Portland,
Oregon.

     The General Partner entered into a Memorandum of Agreement with PGE to sell
the  coal  handling  facility  effective  May 27,  2005.  The  sales  price  was
approximately  $21,250,000.  In connection with the sale, the Partnership repaid
the remaining  outstanding  balance of the  non-recourse  debt of  approximately
$7,650,000,  netting the Partnership  approximately $13,600,000 in cash. The net
gain from this transaction was  approximately  $4,834,000.  At June 30, 2005 the
Partnership owes L.P. Six approximately  $68,000 for its proportionate  share of
the net proceeds from the joint venture.

     In accordance with an agreement  between ICON Cash Flow Partners L.P. Seven
("L.P. Seven") and the Partnership relating to the Partnership's  acquisition of
L.P.  Seven's  .5025%  ownership  interest in ICON BF during  September 2004 the
Partnership owes L.P. Seven  approximately  $3,000 due to the difference between
the  estimated  sales price used to calculate the fair value ICON BF at the time
of L.P.  Seven's sale to the  Partnership and the actual sales price received by
the Partnership.

(4)    Transactions with Related Parties

     In accordance  with the terms of a management  agreement,  the  Partnership
pays the General  Partner (i)  management  fees ranging from 1% to 7% based on a
percentage  of the rentals  recognized  either  directly by the  Partnership  or
through joint ventures and (ii)  acquisition  fees of 3% calculated based on the
gross value of the transactions.  In addition, the General Partner is reimbursed
for  administrative  expenses  incurred  in  connection  with the  Partnership's
operations.

     Fees and other expenses  incurred by the Partnership to the General Partner
or its affiliates were as follows:

<TABLE>
<CAPTION>
                                                        Three Months Ended               Six Months Ended
                                                            June 30,                        June 30,
                                                      2005          2004                2005           2004
                                                      ----          ----                ----           ----

<S>                                             <C>            <C>               <C>              <C>
 Management fees                                $     19,272   $       25,309    $      357,799   $      315,592
 Administrative expense reimbursements                81,143           28,005           218,797          129,976
                                               -------------   --------------    --------------   --------------

                                               $     100,415   $       53,314    $      576,596   $      445,568
                                               =============   ==============    ==============   ==============

</TABLE>

                                       10
<PAGE>
                          ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
              Notes To Condensed Consolidated Financial Statements
                                  June 30, 2005
                                   (Unaudited)

(5)    Sale of Boeing Aircraft

     The  Partnership  owned a Boeing  737-2E3A  aircraft  and a Boeing  737-277
aircraft  (collectively,  the  "Aircraft")  each of  which  had been on lease to
America West Airlines, Inc. ("America West"). On July 12, 2005, America West, in
consideration for the early return of the Aircraft, pre-paid the remaining lease
payments  through the end of the lease terms  totaling  approximately  $630,000,
along with return costs totaling approximately $2,380,000. The return costs were
paid to the  Partnership  as  consideration  for the Aircraft  being returned in
inadequate condition.  Simultaneously with the receipt of the lease payments and
return  costs  from  America  West,  the  Partnership  sold the  Aircraft  to an
unaffiliated  third party, for the aggregate  purchase price of $1,000,000.  The
amounts received for the lease payments, return costs and the purchase price for
the Aircraft were used to repay, in full, the  outstanding  debt balance owed to
the lender.  At June 30, 2005, the Partnership  recognized an impairment loss of
approximately $685,000 relating to the sale of the Aircraft.

     In  conjunction  with the repayment of the  non-recourse  debt,  the lender
released to the  Partnership the 7.5%  convertible  notes which had been held as
collateral  by the  lender.  On July 15,  2005 the  Partnership  sold these 7.5%
convertible  notes and  received  approximately  $1,660,000,  including  accrued
interest.

(6)    Equipment Held for Sale or Lease

     The Partnership currently owns rotables for an Airbus A310 aircraft.  These
rotables were  formerly on lease to Sabena  Technics and are currently off lease
and in the  process  of being  remarketed.  The  Partnership's  General  Partner
estimated  that the fair market value of the  rotables was less than  originally
estimated and the  Partnership  recognized an impairment  loss of  approximately
$1,152,000  which  is  included  in  the  accompanying   condensed  consolidated
statements  of  operations   for  the  six  months  ended  June  30,  2005.  The
determination  was based upon recent market data from sales of similar assets to
unrelated third parties.

(7)    Line of Credit Agreement

     On May 30, 2002,  the  Partnership,  along with certain of its  affiliates;
L.P.  Seven,  ICON  Income  Fund  Eight  B  L.P.  and  ICON  Income  Fund  Nine,
(collectively,  the "Initial Funds"),  entered into a $17,500,000 line of credit
agreement with Comerica Bank.  Under the terms of the line of credit  agreement,
the  Initial  Funds may borrow  from  Comerica  Bank with all  borrowings  to be
jointly and severally  collateralized by (i) cash and (ii) the present values of
certain rents  receivable  and equipment  owned by the Initial  Funds.  Interest
accrues on all outstanding  balances,  at an interest rate equal to the Comerica
Bank base  interest  rate plus 1 % (together,  7% at June 30,  2005).  Effective
August 5, 2004, the line of credit agreement was amended to add ICON Income Fund
Ten LLC  ("Fund  Ten")  as a  borrower.  The  Initial  Funds  and  Fund  Ten are
collectively  referred to as the  Borrowers.  On December 6, 2004,  the Loan and
Security Agreement with Comerica Bank was extended to December 30, 2005.

                                       11
<PAGE>
                          ICON Income Fund Eight A L.P.
                        (A Delaware Limited Partnership)
              Notes To Condensed Consolidated Financial Statements
                                  June 30, 2005
                                   (Unaudited)

(7)    Line of Credit Agreement - continued

     The Initial Funds also entered into a Contribution Agreement, dated May 30,
2002,  as  subsequently  amended  to  include  Fund Ten,  pursuant  to which the
Borrowers have agreed to certain  restrictions on the amounts and terms of their
respective  borrowings  under the line of credit  agreement in order to minimize
the risk that a Borrower  would be unable to repay its allocable  portion of its
outstanding line of credit obligations at any time. These  restrictions  include
borrowing  in  excess  of the  lesser  of  (a) an  amount  each  Borrower  could
reasonably  expect to repay in one year from its projected cash flow, or (b) the
greater of (i) the borrowing  base, as defined in the line of credit  agreement,
as  applied  to such  and  (ii)  50% of the net  worth  of  such  Borrower.  The
Contribution  Agreement  provides  that,  in the event a Borrower pays an amount
under this agreement in excess of its allocable  share of the total  obligations
under the line of credit agreement,  whether by reason of an event or default or
otherwise,  the other Borrowers will immediately make a contribution  payment to
such Borrower and in such amount that the aggregate amount paid by each Borrower
reflects its  allocable  share of the  aggregate  obligations  under the line of
credit   agreement.   The  Borrowers'   obligations  to  each  other  under  the
Contribution Agreement are collateralized by a subordinate lien on the assets of
each participating Borrower.

     Effective March 8, 2005, the Borrowers  entered into a Seventh Amendment to
the Loan and Security Agreement with Comerica Bank. This Agreement releases L.P.
Seven  from all of its  rights  and  obligations  under  the  Loan and  Security
Agreement  dated as of May 30, 2002. As such, L.P. Seven is no longer a party to
the $17,500,000 line of credit.

     Aggregate  borrowings by the Borrowers under the Loan Agreement amounted to
$8,805,000 at June 30, 2005. The Partnership had no advances  outstanding  under
this line of credit.

(8) Other Comprehensive Income (Loss)

<TABLE>
<CAPTION>
                                                  Three Months Ended June 30,       Six Months Ended June 30,
                                                       2005       2004                2005            2004
                                                       ----       ----                ----           ----

<S>                                             <C>              <C>                <C>            <C>
Net income (loss)                               $    2,886,812   $   59,793         $  2,502,069   $    (326,689)

Other comprehensive income:
  Change in valuation of convertible notes             929,773           -               919,573            -
                                                --------------   ----------        -------------   -------------

Comprehensive income (loss)                     $    3,816,585   $   59,793        $   3,421,642   $    (326,689)
                                                ==============   ==========        =============   =============
</TABLE>


(9)   Recent Accounting Pronouncements

     Management does not believe that any recently issued, but not yet effective
accounting pronouncements, if currently adopted, would have a material effect on
the accompanying condensed consolidated financial statements.

                                       12
<PAGE>

Item 2. General  Partner's  Discussion  and Analysis of Financial  Condition and
Results of Operations

     The  following is a  discussion  of our results of  operations  and current
financial  position.  This  discussion  should be read in  conjunction  with our
unaudited Condensed Consolidated financial statements and related notes included
elsewhere  in this  report  and the  audited  Condensed  Consolidated  financial
statements  and related notes included in our Annual Report on Form 10-K for the
year ended December 31, 2004.

     As used in this  quarterly  report on Form 10-Q,  references to "we," "us,"
"our" or similar  terms  include  ICON  Income  Fund  Eight A and its  Condensed
Consolidated subsidiaries.

     Forward-Looking  Information - Certain  statements within this document may
constitute   forward-looking  statements  within  the  meaning  of  the  Private
Securities  Litigation  Reform Act of 1995.  These  statements are identified by
words  such  as  "anticipate,"   "believe,"   "estimate,"  "expects,"  "intend,"
"predict" or "project" and similar  expressions.  This  information  may involve
risks and  uncertainties  that could cause actual  results to differ  materially
from the forward-looking  statements. We believe that the expectations reflected
in such  forward-looking  statements are based on reasonable  assumptions.  Such
statements  are  subject  to risks and  uncertainties  that could  cause  actual
results to differ  materially  from those  projected.  Any such  forward-looking
statements  are  subject to risks and  uncertainties  and our future  results of
operations   could  differ   materially  from  historical   results  or  current
expectations.  Some of these risks are  discussed in this  report,  and include,
without  limitation,  fluctuations in petroleum and fuel prices;  level of fleet
additions by competitors and industry  overcapacity;  changing  customer demands
for leased equipment;  acts of terrorism;  unsettled political conditions,  war,
civil unrest and governmental  actions,  and  environmental  and labor laws. Our
actual  results  could  differ   materially  from  those   anticipated  by  such
forward-looking  statements  due to a number  of  factors,  some of which may be
beyond our control, including, without limitation:

o    changes in our industry, interest rates or the general economy;

o    the degree and nature of our competition;

o    availability of qualified personnel;

o    cash flows from operating  activities may be less than our current level of
     expenses and debt obligations; and

o    the financial condition of lessees.

     Business Overview

     We are an  equipment  leasing  business  formed on July 9, 1997 which began
active  operations on October 14, 1998.  We primarily  engage in the business of
acquiring  equipment  subject  to  lease  and,  to a  lesser  degree,  acquiring
ownership rights to items of leased equipment at lease  expiration.  Some of our
equipment  leases are acquired for cash and are expected to provide current cash
flow, which we refer to as "income"  leases.  The majority of the purchase price
of our other  equipment  leases will be financed,  so these leases will generate
little or no current cash flow because  substantially all of the rental payments
received from a lessee will be paid to a lender.  For these "growth" leases,  we
anticipate  that the future value of the leased  equipment  will exceed the cash
portion of the purchase  price paid for the  equipment.  We are currently in our
"reinvestment"  phase,  wherein we seek to purchase  equipment from time to time
through the fall of 2005.

                                       13
<PAGE>
     We initially  invested  most of the net proceeds from our offering in items
of equipment subject to a lease.  Additional investments have been made with the
cash generated from our initial investments to the extent that cash has not been
needed for expenses,  reserves and distributions to investors. The investment in
additional  equipment  in this manner is called  "reinvestment."  We  anticipate
purchasing  equipment  from  time to time  until  five  years  from  the date we
completed  the  offering of limited  partnership  interests.  That time frame is
called the  "reinvestment  period," which we may extend for an additional  three
years, at our discretion. After the "reinvestment period," we will then sell our
assets in the  ordinary  course  of  business  during a time  frame  called  the
"disposition  period." If we believe it would benefit  investors to reinvest our
cash flow in  equipment  during the  disposition  period,  we may do so, but the
General  Partner will not receive any  additional  fees in connection  with such
reinvestments.  Our goal is to complete  the  disposition  period in three years
after  the end of the  reinvestment  period,  but it may take  longer  to do so.
Accordingly,  investors  should expect to hold their units for at least 10 years
from the time they invest.

     Substantially all of our recurring  operating cash flows are generated from
the operations of the "income"  leases in our portfolio.  On a monthly basis, we
deduct the expenses  related to the recurring  operations of the portfolio  from
such  revenues  and assess the amount of the  remaining  cash flows that will be
required to fund known or anticipated  re-leasing costs and equipment management
costs.  Any  residual   operating  cash  flows  are  considered   available  for
distribution to the investors and paid monthly, up until the disposition period.

     During May 2005,  the sale of our coal handling  facility was completed and
we realized net proceeds of  approximately  $13,600,000.  Our General Partner is
evaluating potential uses for these net proceeds.  These include reinvesting the
net proceeds in leased equipment or financing  transactions  before we enter our
disposition period.

     Our  current  portfolio,  which we hold either  directly  or through  joint
venture  investments  with  affiliates  and others,  consists  primarily  of the
following equipment subject to lease:

     Air Cargo and Transportation Industry

     We have a 90% interest in a McDonnell Douglas DC-10-30F aircraft subject to
lease with FedEx.  The lease term expires  during March 2007. Our portion of the
purchase  price  was  approximately   $18,999,000  consisting  of  approximately
$3,783,000 in cash and the  assumption  of  non-recourse  debt of  approximately
$15,216,000.  The  lender  has a  security  interest  in  the  aircraft  and  an
assignment of the rental payments under the lease.

     We have a 100% interest in various  aircraft  rotables that were originally
on lease to Sabena Belgian World Airways and Sabena Oman. The aggregate purchase
price of the  parts  for  Sabena  Belgian  World  Airways  and  Sabena  Oman was
$2,978,345 and $1,961,000,  respectively. All of this equipment is currently off
lease and being remarketed. At June 30, 2005 our General Partner determined that
the book value of the  aircraft  rotables  was higher  than their fair value and
recorded an impairment loss of approximately  $1,152,000.  The determination was
based upon recent  market data from sales of similar  assets to unrelated  third
parties.

     Petrochemicals Transportation Industry

     We have a 100% interest in one tugboat  bearing  official number 650770 and
one oil barge bearing  official  number 650771 on lease to Keystone Great Lakes,
whose  obligations  are  ultimately  guaranteed  by BP Amoco  Plc.  The lease is
scheduled to expire on January 1, 2008.  The purchase price of the equipment was
approximately  $12,923,000,  consisting of approximately  $5,628,000 in cash and
the assumption of approximately $7,295,000 of non-recourse debt.

     Portfolio Activity for Three Months Ended June 30, 2005

     Sale of Coal Handling Facility

     On May 27,  2005,  the  General  Partner  completed  the  sale of our  coal
handling facility,  owned by ICON BF, on lease to Portland General Electric. The
sale price was $21,250,000. In connection with the sale, we repaid the remaining
outstanding  balance  of the  non-recourse  debt  of  approximately  $7,650,000,
netting us approximately $13,600,000 in cash. The net gain from this transaction
was approximately $4,834,000.

                                       14
<PAGE>
     Sale of Boeing Aircraft

     We  owned  a  Boeing  737-2E3A  aircraft  and  a  Boeing  737-277  aircraft
(collectively,  the "Aircraft")  each of which had been on lease to America West
Airlines,   Inc.   ("America  West").  On  July  12,  2005,   America  West,  in
consideration for the early return of the Aircraft, pre-paid the remaining lease
payments  through the end of the lease terms  totaling  approximately  $630,000,
along with return costs totaling approximately $2,380,000. The return costs were
paid to us as  consideration  for the  Aircraft  being  returned  in  inadequate
condition.  Simultaneously  with the  receipt of the lease  payments  and return
costs from America  West, we sold the Aircraft to an  unaffiliated  third party,
for the aggregate  purchase  price of $1,000,000.  The amounts  received for the
lease  payments,  return costs and the purchase price for the Aircraft were used
to repay, in full, the outstanding debt balance owed to the lender.  At June 30,
2005, we recognized an impairment loss of approximately $685,000 relating to the
sale of the Aircraft.

     In  conjunction  with the repayment of the  non-recourse  debt,  the lender
released to us the 7.5%  convertible  notes which had been held as collateral by
the lender.  On July 15, 2005 we sold these 7.5% convertible  notes and received
approximately $1,660,000, including accrued interest.

     Economic and Industry Factors

     Our results continue to be impacted by a number of factors  influencing the
United States of America's  economy as well as the equipment  leasing  industry,
some of which are discussed below.

     United States Economy and the Leasing Industry

     The economy of the United States of America has been experiencing continued
growth  during  2005,  although  not at the pace  experienced  during  2004.  We
anticipate that capital  spending by  corporations  will continue to increase as
well, which should increase  available leases, and to that end, we believe there
will be more  opportunities  in this market.  We believe the leasing  industry's
outlook for the foreseeable  future is encouraging.  However, a key obstacle for
the equipment  leasing and finance  industry has been the continued low interest
rate  environment,  which reduces  leasing volume inasmuch as customers are more
prone to  purchase  than lease.  We are  optimistic  that the recent  pattern of
federal funds rate  increases  will continue over time,  causing more lessees to
return to the marketplace.  In June 2005, the Securities and Exchange Commission
(the "SEC")  issued a study  entitled  "Report and  Recommendations  Pursuant to
Section  401(c)  of  the   Sarbanes-Oxley  Act  of  2002  On  Arrangements  with
Off-Balance Sheet  Implications,  Special Purpose Entities,  and Transparency of
Filings by Issuers" (the "Study").  In the Study,  the SEC recommends that lease
accounting  procedures be re-evaluated.  Suggested  changes under the Study, and
the  continued  misperception,  stemming from Enron,  WorldCom and others,  that
leasing should not play a central role as a financing alternative,  may serve to
adversely affect our industry by deterring  potential  lessees from entering the
marketplace.

     Air Cargo Industry

     The domestic air cargo industry has experienced  growth due to the increase
in demand for air cargo  delivery  services.  Even though the air cargo industry
experienced  growth,  factors  beyond our control may  adversely  affect the air
cargo  industry and the  financial  situation of air cargo  providers to whom we
lease aircraft.  The air cargo industry is subject to economic conditions in the
domestic and international markets in which it operates.  Some of these economic
conditions  include  new  domestic  or  international   government   regulation,
including regulatory actions affecting aviation rights,  international conflicts
or  terrorist  activities  and  related  domestic  and  international   security
measures.  The air cargo  industry  is subject to  additional  economic  factors
including price competition from other providers,  customer demand,  rising fuel
prices, adverse weather conditions and natural disasters.

     Petrochemicals Transportation Industry

     The petrochemicals  transportation industry in the Great Lakes/St. Lawrence
Seaway system experienced strong growth in 2004 and the outlook for 2005 remains
positive,  due in large part to domestic  economic  growth and rising demand for
petroleum. While positive conditions currently exist, factors beyond our control
may pose a risk for third parties to whom we lease tanker vessels.

     The  petrochemicals  transportation  industry  is  influenced  by  volatile
factors  such  as the  price,  available  supplies  and  demand  for  petroleum.
Furthermore,  companies in this industry  operate in an environment with growing
regulatory  pressure and zero-tolerance for pollution.  A change in regulations,
technology or other  unforeseeable  factors such as  petrochemical  spills,  may
result in calls for widespread  changes in a manner that could adversely  affect
the third parties to whom we lease tanker vessels.

                                       15
<PAGE>
     Critical Accounting Policies

     An  appreciation  of our  critical  accounting  policies  is  necessary  to
understand our financial results. These policies may require the General Partner
to make difficult and subjective  judgments  regarding  uncertainties,  and as a
result,  such  estimates may  significantly  impact our financial  results.  The
precision of these  estimates and the  likelihood of future  changes depend on a
number of underlying variables and a range of possible outcomes.  We applied our
critical accounting policies and estimation methods  consistently in all periods
presented.  We consider the following  accounting policies to be critical to our
business:

o        Lease classification and revenue recognition
o        Asset impairments
o        Depreciation

     Lease Classification and Revenue Recognition

     The equipment we lease to third  parties is classified  either as a finance
lease, a leveraged lease, or an operating lease,  which is determined based upon
the terms of each lease. Initial direct costs are capitalized and amortized over
the term of the related  lease for both a finance  lease and a leveraged  lease.
For an operating  lease, the initial direct costs are included as a component of
the cost of the equipment and depreciated.

     For finance leases, we record, at lease inception,  the total minimum lease
payments receivable from the lessee, the estimated  unguaranteed  residual value
of the equipment at lease  termination,  the initial direct costs related to the
lease and the related unearned income. Unearned income represents the difference
between the sum of the minimum  lease  payments  receivable  plus the  estimated
unguaranteed residual minus the cost of the leased equipment. Unearned income is
recognized as finance income ratably over the term of the lease.

     For leveraged leases, we record, at lease inception,  our net investment in
the equipment  which  consists of the minimum  lease  payments  receivable,  the
estimated  unguaranteed residual value of the equipment at lease termination and
the initial  direct costs related to the lease,  net of the unearned  income and
principal  and interest on the related  non-recourse  debt.  Unearned  income is
recognized  as income over the life of the lease at a constant rate of return on
the positive net investment.

     For operating leases, income is recorded as rental income and is recognized
on the straight line method over the lease term.

     Our General  Partner has an  investment  committee  that  approves each new
equipment  acquisition  and lease  transaction.  As part of their  process  they
determine the residual value to be used once the  acquisition has been approved.
The factors  considered in determining  the residual value include,  but are not
limited to, the  creditworthiness of the potential lessee, the type of equipment
being  considered,  how the equipment is integrated  into the potential  lessees
business,  the length of the lease and  industry in which the  potential  lessee
operates.  Residual  values are reviewed in accordance with our policy to review
all significant assets in our portfolio.

     Asset Impairments

     The significant assets in our asset portfolio are periodically reviewed, at
least  annually,  by  management,  to  determine  whether  events or  changes in
circumstances  indicate  that  the  carrying  value  of  an  asset  may  not  be
recoverable.  Management uses qualified third party  appraisers to assist in the
review process.  An impairment loss will be recognized if the carrying amount of
a  long-lived  asset is not  recoverable  and exceeds  its fair  value.  In such
circumstances,  we will estimate the future cash flows (undiscounted and without
interest  charges) expected to result from the use of the asset and its eventual
disposition.  Future  cash  flows are the future  cash  inflows  expected  to be
generated by an asset less the future cash outflows  expected to be necessary to
obtain those inflows. An impairment loss will be measured as the amount by which
the carrying amount of a long-lived asset exceeds its fair value.

                                       16
<PAGE>
     The events or changes in  circumstances  which  generally  indicate that an
asset  may be  impaired  are (i) the  estimated  fair  value  of the  underlying
equipment  is less than our  carrying  value or (ii) the lessee is  experiencing
financial difficulties and it does not appear likely that the estimated proceeds
from the  disposition  of the asset will be  sufficient to satisfy the remaining
obligation  to the lender and our residual  position in the asset.  Generally in
the latter  situation,  the residual  position  relates to equipment  subject to
third party notes payable where the lessee remits their rental payments directly
to the lender and we do not recover our residual position until the note payable
is repaid in full.

     Depreciation

     We record  depreciation  expense on  equipment  classified  as an operating
lease.  In order to calculate  depreciation  we first  determine the depreciable
equipment cost,  which is the cost less estimated  salvage value.  The estimated
salvage  value  is  our  estimate  of  the  value  of  the  equipment  at  lease
termination.  The estimated residual value is reviewed annually,  by management,
to  determine  whether an  impairment  charge may be required.  Management  uses
qualified third party  appraisers to assist in the review process.  Depreciation
expense is recorded ratably over the term of the related lease.

     New Accounting Pronouncements

     Management does not believe that any recently issued, but not yet effective
accounting pronouncements, if currently adopted, would have a material effect on
the accompanying Condensed Consolidated financial statements.

     Results of  Operations  for the Three Months Ended June 30, 2005 (the "2005
Quarter") and 2004 (the "2004 Quarter")

     We are currently in our  reinvestment  period and  anticipate  entering our
disposition  period  during the fall of 2005  unless we extend the  reinvestment
period  for an  additional  three  years.  While in the  reinvestment  period we
continue to look for  equipment  leases to purchase,  either with cash or with a
combination of cash and financing. As such, we expect our revenue will fluctuate
due to our selling  some  equipment  leases  while  purchasing  other  equipment
leases.  We also  expect to have  gains and losses  from the sales of  equipment
during this time  period.  As for  expenses we  anticipate  interest  expense to
decrease our  outstanding  debt  decreases.  If we enter into an equipment lease
where we  finance a portion of the  purchase  price then  interest  expense  may
increase.

     Once we enter our  disposition  period we will begin the process of selling
our  assets in the  ordinary  course of  business.  As such,  rental  income and
finance  income will decrease  over time as will expenses  related to our assets
such as depreciation. Additionally, interest expense should decrease as we reach
the expiration of leases that were financed and we fully repay the debt.

                                       17
<PAGE>

     Revenues  for the 2005  Quarter  and the 2004  Quarter  are  summarized  as
follows:

<TABLE>
<CAPTION>
                                                         Three Months Ended June 30,
                                                             2005             2004             Change
                                                             ----             ----             -----

<S>                                                  <C>                <C>                 <C>
Total revenue                                        $      7,408,420   $         962,681   $  6,445,739
                                                     ================   =================   =============

Rental income                                        $      2,169,063   $         360,000   $  1,809,063
Finance income                                                343,109             579,858       (236,749)
Income (loss) from investments in joint ventures                  732             (24,510)        25,242
Net gain on sales of equipment                              4,844,909              45,259      4,799,650
Interest and other income                                      50,607               2,074         48,533

</TABLE>

     Total revenue for the 2005 Quarter  increased by  $6,445,739,  or 669.6% as
compared  to the 2004  Quarter.  Rental  income  increased  as a  result  of the
consolidation  of ICON  Aircraft  46837,  beginning  September  1, 2004 which is
included  in the  2005  Quarter  and not in the  2004  Quarter.  Finance  income
decreased  primarily  due to the  expiration  of our lease with  E*Trade  during
February 2005 and the sale of the coal handling  facility on lease to PGE during
May 2005.  The increase in net gain on sale of equipment is primarily due to the
sale of the coal handling facility previously on lease to PGE that resulted in a
net gain of approximately $4,834,000.

     Expenses  for the 2005  Quarter  and the 2004  Quarter  are  summarized  as
follows:

<TABLE>
<CAPTION>
                                                        Three Months Ended June 30,
                                                            2005                2004             Change
                                                            ----                ----             ------
<S>                                                    <C>              <C>              <C>
Total expenses                                         $    4,521,608   $       902,888  $       3,618,720
                                                       ==============   ===============  =================

Depreciation                                                2,043,247           253,004          1,790,243
Interest                                                      396,008           419,575            (23,567)
General and administrative                                     74,735           121,898            (47,163)
Management fees - General Partner                              19,272            25,309             (6,037)
Administrative expense reimbursements -
 General Partner                                               81,143            28,005             53,138
Amortization of initial direct costs and loan costs            35,260            51,443            (16,183)
Impairment loss                                             1,836,395                -           1,836,395
Minority interest                                              35,548             3,654             31,894

</TABLE>

     Expenses  for the 2005  Quarter  increased  by  $3,618,720  or  400.8%,  as
compared to the 2004 Quarter.  The increase in  depreciation is primarily due to
our consolidation of ICON Aircraft 46837 beginning  September 2004.  Increase in
impairment loss is for the impairment  loss recognized on the aircraft  rotables
and the  two  aircraft  sold  in July  2005.  General  and  administrative  fees
decreased as a result of the decrease in the level of activity in operations.

                                       18
<PAGE>

     Net Income

     As a result of the  foregoing  factors,  net income in the 2005 Quarter and
the 2004  Quarter  was  $2,886,812  and  $59,793  respectively.  Net  income per
weighted average number of limited  partnership  units outstanding was $3.86 and
$0.08 for the 2005 Quarter and the 2004 Quarter, respectively.

     Results of  Operations  for the Six Months  Ended June 30,  2005 (the "2005
Period") and 2004 (the "2004 Period")

     Revenues for the 2005 Period and the 2004 Period are summarized as follows:

<TABLE>
<CAPTION>
                                                             Six Months Ended June 30,
                                                               2005               2004            Change
                                                               ----               ----            ------
<S>                                                      <C>               <C>              <C>
Total revenue                                            $   10,223,684    $    1,984,458   $    8,239,226
                                                         ==============    ===============  ==============

Rental income                                           $     4,461,393    $      720,000   $    3,741,393
Finance income                                                  851,673         1,213,980         (362,307)
Income (loss) from investments in joint ventures                  1,011           (44,665)          45,676
Net gain on sales of equipment                                4,787,391            82,324        4,705,067
Interest and other income                                       122,216            12,819          109,397

</TABLE>

     Total  revenue for the 2005 Period  increased by  $8,239,226,  or 415.2% as
compared  to the  2004  Period.  Rental  income  increased  as a  result  of the
consolidation  of ICON  Aircraft  46837,  beginning  September  1, 2004 which is
included in the 2005 Period and not in the 2004 Period. Finance income decreased
primarily due to the expiration of our lease with E*Trade  during  February 2005
and to a lesser  extent the sale of the coal  handling  facility on lease to PGE
during May 2005. The increase in net gain on sale of equipment  results from the
loss incurred  from our sale of the modular  furniture on lease to E*Trade and a
gain recognized on the sale of PGE. The increase in interest and other income is
due primarily to interest earned on the convertible notes.

     Expenses for the 2005 Period and the 2004 Period are summarized as follows:

<TABLE>
<CAPTION>
                                                            2005              2004              Change
                                                            ----              ----              ------
<S>                                                   <C>              <C>                 <C>
 Total expenses                                       $    7,721,615   $       2,311,147   $    5,410,468
                                                      ==============   =================== ==============

 Loss on lease termination                                        -                3,421           (3,421)
 Depreciation                                              4,086,493             752,331        3,334,162
 Interest                                                    924,425             818,315          106,110
 General and administrative                                  155,406             189,494          (34,088)
 Management fees - General Partner                           357,799             315,592           42,207
 Administrative expense reimbursements -
     General Partner                                         218,797             129,976           88,821
 Amortization of initial direct costs and loan costs          84,679              94,572           (9,893)
 Impairment loss                                           1,836,395                  -         1,836,395
 Minority interest                                            57,621               7,446           50,175

</TABLE>

     Expenses for the 2005 Period increased by $5,410,  468 or 234%, as compared
to the 2004  Period.  The increase in  depreciation,  interest,  management  and
administrative  fees and minority interest is primarily due to our consolidation
of ICON Aircraft 46837 beginning  September 2004. Increase in impairment loss is
for the impairment recognized on the aircraft rotables and the two aircraft sold
in July 2005.

                                       19
<PAGE>
     Net Income (Loss)

     As a result of the foregoing factors,  net income (loss) in the 2005 Period
and the 2004 Period was  $2,502,069  and  ($326,689),  respectively.  Net income
(loss) per weighted average number of limited  partnership units outstanding was
$3.35 and ($0.44) for the 2005 Period and the 2004 Period, respectively.

     Liquidity and Capital Resources

     Sources of Cash

     We  believe  that with the cash we  currently  have  available,  cash being
generated  from our leases,  and  proceeds  from  equipment  sales and  residual
values,  we have sufficient cash to continue our operations into the foreseeable
future.  We do not  anticipate  the near term  need to  borrow  from our line of
credit.

     Our primary  source of cash for the six months ended June 30, 2005 was from
investing  activities,  primarily  from  proceeds  from sales of  equipment  and
residual values of  approximately  $21,504,000.  During July 2005, we received a
payment of approximately  $1,660,000 from the sale of our 7.5% convertible notes
which had previously been held as collateral by a lender.

     Our  primary  use of cash for the six months  ended  June 30,  2005 was for
financing activities; distributions to partners of approximately $2,010,000, the
repayment of non-recourse debt of approximately  $7,636,000 and the repayment of
our recourse debt of approximately $5,400,000.

     Financings and Borrowings

     Our non-recourse debt consists of notes payable in which the lenders have a
security  interest in the equipment  and an  assignment  of the rental  payments
under the  leases.  The  lenders are being paid  directly  by the  lessees.  Our
non-recourse  debt  accrues  interest  at rates  ranging  from 3.65% per year to
10.63% per year. During May 2005, we utilized a portion of the proceeds from the
sale of PGE to repay the remaining  non-recourse  debt relating to this asset of
approximately  $7,636,000.  The outstanding  balances of our non-recourse  notes
payable at June 30, 2005 was approximately $19,525,387.

     We and certain of our affiliates, specifically L.P. Seven; ICON Income Fund
Eight B L.P. and ICON Income Fund Nine, LLC (collectively, the "Initial Funds"),
entered into a $17,500,000 line of credit agreement with Comerica Bank as of May
30,  2002,  as  amended.  Under the terms of the line of credit  agreement,  the
Initial  Funds may borrow money from  Comerica  Bank with all  borrowings  to be
jointly and severally  collateralized by (i) cash and (ii) the present values of
certain rents  receivable  and equipment  owned by the Initial  Funds.  Interest
accrues on all outstanding  balances,  at an interest rate equal to the Comerica
Bank base  interest  rate plus 1% (together is 7% at June 30,  2005).  Effective
August 5, 2004,  the line of credit  agreement  was amended to add Fund Ten as a
borrower.  The Initial  Funds and Fund Ten are  collectively  referred to as the
Borrowers. The line of credit agreement expires on December 30, 2005.

     The Initial Funds also entered into a Contribution Agreement, dated May 30,
2002,  as  subsequently  amended to include us,  pursuant to which the Borrowers
have agreed to certain restrictions on the amounts and terms of their respective
borrowings under the line of credit agreement in order to minimize the risk that
a Borrower  would be unable to repay its  allocable  portion of its  outstanding
line of credit obligations at any time. These restrictions  include borrowing in
excess of the lesser of (a) an amount each Borrower could  reasonably  expect to
repay in one year from its  projected  cash flow,  or (b) the greater of (i) the
borrowing base, as defined in the line of credit  agreement,  as applied to such
and  (ii) 50% of the net  worth of such  Borrower.  The  Contribution  Agreement
provides  that, in the event a Borrower  pays an amount under this  agreement in
excess of its allocable share of the total  obligations under the line of credit
agreement,  whether  by reason of an event or default  or  otherwise,  the other
Borrowers will immediately  make a contribution  payment to such Borrower and in
such  amount  that the  aggregate  amount  paid by each  Borrower  reflects  its
allocable share of the aggregate obligations under the line of credit agreement.
The Borrowers'  obligations to each other under the  Contribution  Agreement are
collateralized  by a  subordinate  lien  on the  assets  of  each  participating
Borrower.

                                       20
<PAGE>

     Effective March 8, 2005, the Borrowers  entered into a Seventh Amendment to
the Loan and Security Agreement with Comerica Bank. This Agreement releases L.P.
Seven  from all of its  rights  and  obligations  under  the  Loan and  Security
Agreement  dated as of May 30, 2002. As such, L.P. Seven is no longer a party to
the $17,500,000 line of credit.

     Aggregate  borrowings  by all  Funds  under  the line of  credit  agreement
amounted to $8,805,000 at June 30, 2005. We currently  have no borrowings  under
this line of credit.

     Distributions

     We do pay  monthly  distributions  to our  partners  beginning  with  their
admission to the Partnership  through the  termination of the operating  period,
which we anticipate will be during the fall of 2005. For the 2005 Period we paid
distributions  of $1,989,290 to our limited  partners and $20,273 to our General
Partner.

     Commitments

     At June 30, 2005 we are a party to  non-recourse  debt.  The  lenders  have
security  interests  in  equipment  relating  to the  non-recourse  debt  and an
assignment  of the rental  payments  under the  leases.  If the  lessee  were to
default on the  non-recourse  debt the equipment would be returned to the lender
as  extinguishment  of  the  non-recourse  debt.  At  June  30,  2005  we had an
outstanding balance of $19,525,387 in non-recourse borrowings.

     Risks and Uncertainties

     At June 30,2005 except as noted above in the Business  Overview section and
listed below,  and to the best of our  knowledge,  there were no known trends or
demands,  commitments,  events  or  uncertainties  which  are  likely  to have a
material effect on our liquidity.

     Set forth below and elsewhere in this report and in other documents we file
with the Securities and Exchange  Commission  are risks and  uncertainties  that
could  cause  our  actual  results  to  differ   materially   from  the  results
contemplated  by the  forward-looking  statements  contained  in this report and
other periodic statements we make, including but not limited to, the following:

o    We may face difficulty remarketing the aircraft rotables. Aircraft rotables
     are  replacement  spare parts that are held in inventory by an airline.  We
     own rotables for both the Boeing 737-300  aircraft and the Airbus aircraft.
     We believe that over time we will be able to remarket these  rotables,  but
     the  aircraft  industry  has been in an overall  down cycle and we may face
     difficulty in remarketing these assets.

o    We and our affiliates  are engaged  directly and indirectly in the business
     of acquiring equipment subject to lease. Our affiliates may have investment
     objectives  similar  to ours and may be in a position  to acquire  the same
     equipment  at the same  time as us. As a result,  we may  compete  with our
     affiliates  for leases and such leases may be allocated  to our  affiliates
     instead of us. Any decisions regarding conflicts in allocating leases among
     us and our affiliates will be made by an investment  committee  taking into
     consideration such things as whether:

     o    the required cash  investment  is greater than the cash  available for
          investment  and the  length of time  each  business  has been  seeking
          investments;

     o    the  amount of debt to be  incurred  or assumed  from the  prospective
          transaction   would  result  in  total   indebtedness  that  is  above
          acceptable levels for the business;

     o    the type or  geographic  location of the  equipment  would result in a
          concentration in the business that is above acceptable levels;

     o    the lease expiration date is beyond the date by which the existence of
          the businesses will end;

                                       21
<PAGE>

     o    the lessee's credit quality  satisfies the objectives of the business,
          including  whether the  addition of such lessee would result in credit
          concentration that is above acceptable levels for the business; and

     o    the amount and timing of any scheduled  rental income  facilitates the
          cash distribution objectives of the business.

     Inflation and Interest Rates

     The potential  effects of inflation on us are difficult to predict.  If the
general economy  experiences  significant rates of inflation,  however, it could
affect us in a number of ways. We do not  currently  have or expect to have rent
escalation  clauses tied to inflation in our leases.  The  anticipated  residual
values  to be  realized  upon the  sale or  re-lease  of  equipment  upon  lease
terminations (and thus the overall cash flow from our leases) may be expected to
increase with inflation as the cost of similar new and used equipment increases.

     If  interest  rates  increase  significantly,  the lease  rates that we can
obtain on future  leases may be expected to increase as the cost of capital is a
significant  factor in the pricing of lease financing.  Leases already in place,
for the most part, would not be affected by changes in interest rates.

Item 3.  Qualitative and Quantitative Disclosures About Market Risk

     We, like most other companies,  are exposed to certain market risks,  which
includes changes in interest rates and the demand for equipment (and the related
residuals)  owned by us. We believe  that our  exposure to other  market  risks,
including foreign currency  exchange rate risk,  commodity risk and equity price
risk, are  insignificant,  at this time, to both our financial  position and our
results of operations.

     In general, we manage our exposure to interest rate risk by obtaining fixed
rate  debt.  The fixed  rate debt is  structured  so as to match the cash  flows
required  to service  the debt to the  payment  streams  under  fixed rate lease
receivables.  The  payments  under the leases  are  assigned  to the  lenders in
satisfaction  of the debt. We may finance  leases with a floating  interest rate
and we are therefore exposed to interest rate risk until fixed rate financing is
arranged or we enter into interest rate swaps.

     From time to time, we borrow funds under a floating rate line of credit and
are  therefore  exposed to interest  rate risk until the  floating  rate line of
credit is repaid.

                                       22
<PAGE>

Item 4. Controls and Procedures

     Evaluation of disclosure controls and procedures

     We  carried  out  an  evaluation,   under  the  supervision  and  with  the
participation  of  management  of  ICON  Capital  Corp.,  our  General  Partner,
including the Chief Executive Officer and the Principal Financial and Accounting
Officer,  of the  effectiveness  of the design and  operation of our  disclosure
controls  and  procedures  as of the end of the period  covered  by this  report
pursuant to the  Securities  Exchange  Act of 1934.  Based upon the  evaluation,
except as noted below, the Chief Executive  Officer and the Principal  Financial
and Accounting  Officer  concluded  that our disclosure  controls and procedures
were effective.

     While evaluating our disclosure  controls and procedures we recognized that
greater internal  controls were needed to aid in a more efficient closing of our
financial  statements,  thereby requiring  additional  skilled accounting staff.
Towards the end of the third  quarter of 2004,  the General  Partner hired a new
senior vice president of accounting and the General Partner is in the process of
seeking  additional  accounting staff in order to better effectuate our internal
controls. We will continue to evaluate our disclosure controls and procedures to
determine their effectiveness and adequacy and will take the steps necessary, in
our opinion, to ensure the adequacy of our disclosure controls and procedures.

     In designing and  evaluating  our disclosure  controls and  procedures,  we
recognized that disclosure controls and procedures, no matter how well conceived
and operated,  can provide only  reasonable,  not absolute,  assurance  that the
objectives of the  disclosure  controls and  procedures  are met. Our disclosure
controls  and  procedures  have  been  designed  to  meet  reasonable  assurance
standards. Disclosure controls and procedures cannot detect or prevent all error
and fraud.  Some  inherent  limitations  in disclosure  controls and  procedures
include  costs of  implementation,  faulty  decision-making,  simple  error  and
mistake.  Additionally,  controls can be  circumvented by the individual acts of
some persons,  by collusion of two or more people, or by management  override of
the  controls.  The design of any system of  controls  is based,  in part,  upon
certain  assumptions about the likelihood of future events,  and there can be no
assurance  that any design will succeed in achieving  its stated goals under all
anticipated and unanticipated future conditions.  Over time, controls may become
inadequate  because of changes in conditions,  or the degree of compliance  with
established policies or procedures.

     Our General Partner's Chief Executive  Officer and Principal  Financial and
Accounting  Officer have determined that no weakness in disclosure  controls and
procedures  had any  material  effect on the accuracy  and  completeness  of our
financial reporting and disclosure included in this report.

                                       23
<PAGE>
                           PART II - OTHER INFORMATION

Item 1.  Legal Proceedings

     In the ordinary  course of conducting  our  business,  there may be certain
claims, suits and complaints filed against us. In the opinion of management, the
outcome  of such  matters,  if any,  will  not  have a  material  impact  on our
consolidated  financial  position or results of  operations.  No material  legal
proceedings are currently pending or threatened, to our knowledge, against us or
against any of our assets.

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds

         Not applicable.

Item 3.  Default Upon Senior Securities

         Not applicable.

Item 4.  Submission of Matters to a Vote of Security Holders

     No matters were  submitted to a vote of security  holders during the second
quarter 2005.

Item 5.  Other Information

         Not applicable.

Item 6 - Exhibits

31.1 Certification of Chairman and Chief Executive Officer.

31.2 Certification  of Executive  Vice  President  and  Principal  Financial and
     Accounting Officer.

32.1 Certification of Chairman and Chief Executive Officer pursuant to 18 U.S.C.
     (Section)1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act
     of 2002.

32.2 Certification  of Executive  Vice  President  and  Principal  Financial and
     Accounting Officer pursuant to 18 U.S.C. (Section)1350, as adopted pursuant
     to Section 906 of the Sarbanes-Oxley Act of 2002.

                                       24
<PAGE>

                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  Partnership  has duly  caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.

ICON Income Fund Eight A L.P.  (Registrant) By its General Partner, ICON Capital
Corp.


Date: August 12, 2005           /s/ Beaufort J.B. Clarke
                                Beaufort J.B. Clarke
                                Chairman, Chief Executive Officer and Director

Date: August 12, 2005           /s/ Thomas W. Martin
                                Thomas W. Martin
                                Executive Vice President and Director
                               (Principal Financial and Accounting Officer)

                                       25
<PAGE>

Exhibit 31.1

Principal  Executive  Officer  Certification  Pursuant  to  Section  302  of the
Sarbanes-Oxley Act of 2002 (18 U.S.C. ss.1350)

I,   Beaufort J.B. Clarke, certify that:

1.   I have  reviewed  this  quarterly  report on Form 10-Q of ICON  Income Fund
     Eight A L.P.;

2.   Based on my knowledge,  this report does not contain any untrue  statements
     of a material fact or omit to state a material  fact  necessary to make the
     statements made, in light of the circumstances  under which such statements
     were made,  not  misleading  with  respect  to the  period  covered by this
     report;

3.   Based  on my  knowledge,  the  financial  statements  and  other  financial
     information  included  in  this  report,  fairly  present  in all  material
     respects the financial  condition,  results of operations and cash flows of
     the registrant as of, and for, the periods presented in this report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules  13a-15(e) and  15d-15(e))  for the registrant and we
     have:

     a)   designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          registrant, including its Condensed Consolidated subsidiaries, is made
          known to us by others within those entities,  particularly  during the
          period in which this quarterly report is being prepared;

     b)   evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure  controls and procedures as of the end
          of the period covered by this report based on such evaluation; and

     c)   presented in this report our conclusions  about the  effectiveness  of
          the disclosure  controls and procedures  based on our evaluation as of
          the Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent evaluation of internal control over financial reporting, to
     the registrant's auditors and the board of directors of the General Partner
     (or persons performing the equivalent function):

     a)   all significant  deficiencies and material weaknesses in the design or
          operation  of  internal   control  which  are  reasonably   likely  to
          materially  affect  the  registrant's  ability  to  record,   process,
          summarize and report financial information; and

     b)   any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          controls over financial reporting.

Dated:  August 12, 2005

/s/ Beaufort J.B. Clarke
Chairman, Chief Executive Officer and Director
ICON Capital Corp.
General Partner of ICON Income Fund Eight A L.P.

                                       26
<PAGE>
Exhibit 31.2

Principal Financial and Accounting Officer Certification Pursuant to Section 302
of the Sarbanes-Oxley Act of 2002 (18 U.S.C. ss.1350)

I, Thomas W. Martin, certify that:

1.   I have  reviewed  this  quarterly  report on Form 10-Q of ICON  Income Fund
     Eight A L.P.;

2.   Based on my knowledge,  this report does not contain any untrue  statements
     of a material fact or omit to state a material  fact  necessary to make the
     statements made, in light of the circumstances  under which such statements
     were made,  not  misleading  with  respect  to the  period  covered by this
     report;

3.   Based  on my  knowledge,  the  financial  statements  and  other  financial
     information  included  in this  quarterly  report,  fairly  present  in all
     material respects the financial  condition,  results of operations and cash
     flows of the  registrant  as of, and for,  the  periods  presented  in this
     report;

4.   The  registrant's  other  certifying  officers  and I are  responsible  for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules  13a-15(e) and  15d-15(e))  for the registrant and we
     have:

     a)   designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          registrant, including its Condensed Consolidatedsubsidiaries,  is made
          known to us by others within those entities,  particularly  during the
          period in which this report is being prepared;

     b)   evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure  controls and procedures as of the end
          of the period covered by this report based on such evaluation; and

     c)   presented in this report our conclusions  about the  effectiveness  of
          the disclosure  controls and procedures  based on our evaluation as of
          the Evaluation Date;

5.   The registrant's other certifying  officers and I have disclosed,  based on
     our most recent evaluation of internal control over financial reporting, to
     the registrant's auditors and the board of directors of the General Partner
     (or persons performing the equivalent function):

     a)   all significant  deficiencies and material weaknesses in the design or
          operation  of  internal   control  which  are  reasonably   likely  to
          materially  affect  the  registrant's  ability  to  record,   process,
          summarize and report financial information; and

     b)   any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          controls over financial reporting.

Dated: August 12, 2005

/s/ Thomas W. Martin
Executive Vice President and Director
(Principal Financial and Accounting Officer)
ICON Capital Corp.
General Partner of ICON Income Fund Eight A L.P.

                                       27
<PAGE>
Exhibit 32.1

Principal  Executive  Officer  Certification  Pursuant  to  Section  906  of the
Sarbanes-Oxley Act of 2002 (18 U.S.C. ss.1350)

I, Beaufort J.B.  Clarke,  Chairman and Chief Executive  Officer of ICON Capital
Corp,  the General  Partner,  in connection  with the  Quarterly  Report of ICON
Income  Fund Eight A L.P.  (the  "Partnership")  on Form 10-Q for the  quarterly
period ended June 30, 2005, as filed with the Securities and Exchange Commission
on the date hereof (the "Periodic  Report") certify,  pursuant to Section 906 of
the Sarbanes-Oxley Act of 2002, that to the best of my knowledge and belief:

     (1)  the Periodic  Report fully complies with the  requirements  of Section
          13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m);
          and

     (2)  the information  contained in the Periodic Report fairly presents,  in
          all  material  respects,   the  financial  condition  and  results  of
          operations of the Partnership.

Dated: August 12, 2005

 /s/ Beaufort J.B. Clarke
Chairman, Chief Executive Officer and Director
ICON Capital Corp.
General Partner of ICON Income Fund Eight A L.P.

A signed  original of this  written  statement  required by Section 906 has been
provided to the Company and will be retained by the Company and furnished to the
Securities and Exchange Commission or its staff upon request.

The information  contained in this Exhibit 32.1 is being furnished and shall not
be deemed "filed" for the purposes of Section 18 of the Securities  Exchange Act
of 1934, as amended,  or otherwise  subject to the  liabilities of that section.
The  information  contained in this Exhibit  32.1 shall not be  incorporated  by
reference  into any  registration  statement or other  document  pursuant to the
Securities  Exchange Act of 1934, as amended,  or the Securities Act of 1933, as
amended,  except as shall be expressly  set forth by specific  reference to this
Exhibit 32.1 in such filing.

                                       28
<PAGE>
Exhibit 32.2

Principal Financial and Accounting Officer Certification Pursuant to Section 906
of the Sarbanes-Oxley Act of 2002 (18 U.S.C. ss.1350)

I,  Thomas  W.  Martin,   Executive  Vice  President  (Principal  Financial  and
Accounting  Officer) of ICON Capital Corp,  the General  Partner,  in connection
with the Quarterly  Report of ICON Income Fund Eight A L.P. (the  "Partnership")
on Form 10-Q for the  quarterly  period ended June 30,  2005,  as filed with the
Securities and Exchange  Commission on the date hereof (the  "Periodic  Report")
certify,  pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the
best of my knowledge and belief:

     (1)  the Periodic  Report fully complies with the  requirements  of Section
          13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m);
          and

     (2)  the information  contained in the Periodic Report fairly presents,  in
          all  material  respects,   the  financial  condition  and  results  of
          operations of the Partnership.

Dated: August 12, 2005

/s/ Thomas W. Martin
Executive Vice President and Director
(Principal Financial and Accounting Officer)
ICON Capital Corp.
General Partner of ICON Income Fund Eight A L.P.

A signed  original of this  written  statement  required by Section 906 has been
provided to the Company and will be retained by the Company and furnished to the
Securities and Exchange Commission or its staff upon request.

The information  contained in this Exhibit 32.2 is being furnished and shall not
be deemed "filed" for the purposes of Section 18 of the Securities  Exchange Act
of 1934, as amended,  or otherwise  subject to the  liabilities of that section.
The  information  contained in this Exhibit  32.2 shall not be  incorporated  by
reference  into any  registration  statement or other  document  pursuant to the
Securities  Exchange Act of 1934, as amended,  or the Securities Act of 1933, as
amended,  except as shall be expressly  set forth by specific  reference to this
Exhibit 32.2 in such filing.

                                       29