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 September 30, 1997

                                       OR

           ___ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                     For the transition period from ___to___

                           ---------------------------

                          Commission File No. 33-31810

                           ---------------------------



                        POLARIS AIRCRAFT INCOME FUND VI,
                        A California Limited Partnership

                        State of Organization: California
                   IRS Employer Identification No. 94-3102632
         201 Mission Street, 27th Floor, San Francisco, California 94105
                           Telephone - (415) 284-7400



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,  and (2) has been  subject to such filing
requirements for the past 90 days.



                          Yes _X_            No___







                       This document consists of 13 pages.



<PAGE>



                        POLARIS AIRCRAFT INCOME FUND VI,
                        A California Limited Partnership

          FORM 10-Q - For the Quarterly Period Ended September 30, 1997




                                      INDEX



Part I.       Financial Information                                        Page

         Item 1.      Financial Statements

              a)  Balance Sheets - September 30, 1997 and
                  December 31, 1996..........................................3

              b)  Statements of Operations - Three and Nine Months
                  Ended September 30, 1997 and 1996..........................4

              c)  Statements of Changes in Partners' Capital -
                  Year Ended December 31, 1996 and
                  Nine Months Ended September 30, 1997.......................5

              d)  Statements of Cash Flows - Nine Months
                  Ended September 30, 1997 and 1996..........................6

              e)  Notes to Financial Statements..............................7

         Item 2.      Management's Discussion and Analysis of
                      Financial Condition and Results of Operations..........9



Part II.      Other Information

         Item 1.      Legal Proceedings.....................................12

         Item 6.      Exhibits and Reports on Form 8-K......................12

         Signature    ......................................................13

                                        2

<PAGE>



                          Part 1. Financial Information
                          -----------------------------

Item 1.  Financial Statements

                        POLARIS AIRCRAFT INCOME FUND VI,
                        A California Limited Partnership

                                 BALANCE SHEETS
                                   (Unaudited)

                                                September 30,      December 31,
                                                    1997              1996
                                                    ----              ----

ASSETS:

CASH AND CASH EQUIVALENTS                        $1,015,120        $3,566,009

RENT RECEIVABLE                                        --             345,597

AIRCRAFT, net of accumulated depreciation
   of $23,398,981 in 1996                              --           6,040,219
                                                 ----------        ----------


                                                 $1,015,120        $9,951,825
                                                 ==========        ==========

LIABILITIES AND PARTNERS' CAPITAL:

PAYABLE TO AFFILIATES                            $   39,882        $   25,425

ACCOUNTS PAYABLE AND ACCRUED
   LIABILITIES                                       27,686            24,169

SECURITY DEPOSITS                                      --              75,000
                                                 ----------        ----------

          Total Liabilities                          67,568           124,594
                                                 ----------        ----------

PARTNERS' CAPITAL:
   General Partner                                    5,656             5,656
   Limited Partners, 69,418 units
      issued and outstanding                        941,896         9,821,575
                                                 ----------        ----------

          Total Partners' Capital                   947,552         9,827,231
                                                 ----------        ----------

                                                 $1,015,120        $9,951,825
                                                 ==========        ==========

        The accompanying notes are an integral part of these statements.

                                        3

<PAGE>
<TABLE>


                        POLARIS AIRCRAFT INCOME FUND VI,
                        A California Limited Partnership

                            STATEMENTS OF OPERATIONS
                                   (Unaudited)


<CAPTION>
                                         Three Months Ended   Nine Months Ended
                                            September 30,       September 30,

                                           1997      1996      1997       1996
                                           ----      ----      ----       ----
<S>                                    <C>        <C>      <C>        <C>     
REVENUES:
   Rent from operating leases          $    --    $434,643 $  804,405 $1,303,929
   Interest and other                     34,228    53,509    136,805    145,872
   Gain on sale of aircraft                 --      18,811    642,181    162,754
                                       ---------  -------- ---------- ----------

           Total Revenues                 34,228   506,963  1,583,391  1,612,555
                                       ---------  -------- ---------- ----------

EXPENSES:
   Depreciation and amortization            --     438,706    257,643  1,316,120
   Administration and other               22,508    17,924     66,745     55,035
                                       ---------  -------- ---------- ----------

           Total Expenses                 22,508   456,630    324,388  1,371,155
                                       ---------  -------- ---------- ----------

NET INCOME                             $  11,720  $ 50,333 $1,259,003 $  241,400
                                       =========  ======== ========== ==========

NET INCOME ALLOCATED TO
   THE GENERAL PARTNER                 $ 461,264  $ 22,835 $  506,934 $   68,505
                                       =========  ======== ========== ==========

NET INCOME (LOSS) ALLOCATED
   TO LIMITED PARTNERS                 $(449,544) $ 27,498 $  752,069 $  172,895
                                       =========  ======== ========== ==========

NET INCOME (LOSS) PER LIMITED
   PARTNERSHIP UNIT                    $   (6.48) $   0.39 $    10.83 $     2.49
                                       =========  ======== ========== ==========

        The accompanying notes are an integral part of these statements.
</TABLE>
                                        4

<PAGE>
<TABLE>


                        POLARIS AIRCRAFT INCOME FUND VI,
                        A California Limited Partnership

                   STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
                                   (Unaudited)

<CAPTION>
                                            Year Ended December 31, 1996 and
                                          Nine Months Ended September 30, 1997
                                          ------------------------------------

                                          General      Limited
                                          Partner      Partners        Total
                                          -------      --------        -----

<S>                                     <C>         <C>            <C> 
Balance, December 31, 1995              $   5,656   $ 19,653,112   $ 19,658,768

   Net income (loss)                       91,340     (8,096,088)    (8,004,748)

   Cash distributions to partners         (91,340)    (1,735,449)    (1,826,789)
                                        ---------   ------------   ------------

Balance, December 31, 1996                  5,656      9,821,575      9,827,231

   Net income                             506,934        752,069      1,259,003

   Cash distributions to partners        (506,934)    (9,631,748)   (10,138,682)
                                        ---------   ------------   ------------

Balance, September 30, 1997             $   5,656   $    941,896   $    947,552
                                        =========   ============   ============

        The accompanying notes are an integral part of these statements.
</TABLE>
                                        5

<PAGE>
<TABLE>


                        POLARIS AIRCRAFT INCOME FUND VI,
                        A California Limited Partnership

                            STATEMENTS OF CASH FLOWS
                                   (Unaudited)
<CAPTION>
                                                       Nine Months Ended September 30,
                                                       -------------------------------

                                                              1997           1996
                                                              ----           ----
<S>                                                      <C>            <C>
OPERATING ACTIVITIES:
   Net income                                            $  1,259,003   $   241,400
   Adjustments to reconcile net income to
      net cash provided by operating activities:
      Depreciation and amortization                           257,643     1,316,120
      Gain on sale of aircraft                               (642,181)     (162,754)
      Changes in  operating  assets  and  liabilities,
         net of effect of sale of aircraft:
         Decrease in rent and interest receivable             (12,143)       91,071
         Increase (decrease) in payable to affiliates          14,457        (2,269)
         Decrease in accounts payable
              and accrued liabilities                         (40,183)      (23,125)
         Decrease in security deposits                        (75,000)      (19,000)
                                                         ------------   -----------

              Net cash provided by operating activities       761,596     1,441,443
                                                         ------------   -----------

INVESTING ACTIVITIES:
   Proceeds from sale of aircraft                           7,195,959          --
   Payments to Purchaser related to sale of aircraft         (369,762)         --
   Principal payments on finance sale of aircraft                --         162,754
                                                         ------------   -----------


              Net cash provided by investing activities     6,826,197       162,754
                                                         ------------   -----------

FINANCING ACTIVITIES:
   Cash distributions to partners                         (10,138,682)   (1,370,092)
                                                         ------------   -----------

              Net cash used in financing activities       (10,138,682)   (1,370,092)
                                                         ------------   -----------

CHANGES IN CASH AND CASH
   EQUIVALENTS                                             (2,550,889)      234,105

CASH AND CASH EQUIVALENTS AT
   BEGINNING OF PERIOD                                      3,566,009     3,297,782
                                                         ------------   -----------

CASH AND CASH EQUIVALENTS AT
   END OF PERIOD                                         $  1,015,120   $ 3,531,887
                                                         ============   ===========


        The accompanying notes are an integral part of these statements.
</TABLE>
                                        6

<PAGE>



                        POLARIS AIRCRAFT INCOME FUND VI,
                        A California Limited Partnership

                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)



1.       Accounting Principles and Policies

In the opinion of management,  the financial statements presented herein include
all  adjustments,  consisting  only of  normal  recurring  items,  necessary  to
summarize fairly Polaris Aircraft Income Fund VI's (the Partnership's) financial
position and results of operations.  The financial statements have been prepared
in accordance with the  instructions  of the Quarterly  Report to the Securities
and  Exchange  Commission  (SEC)  Form  10-Q  and  do  not  include  all  of the
information  and note  disclosures  required by  generally  accepted  accounting
principles.  These  statements  should be read in conjunction with the financial
statements  and notes  thereto for the years ended  December 31, 1996,  1995 and
1994,  included in the Partnership's  1996 Annual Report to the SEC on Form 10-K
(Form 10-K).

2.       Sale of Aircraft To Triton

On May  28,  1997,  Polaris  Investment  Management  Corporation  (the  "General
Partner"  or  "PIMC"),  on  behalf  of  the  Partnership,   executed  definitive
documentation  for the purchase of the  Partnership's 2 remaining  aircraft (the
"Aircraft") by Triton  Aviation  Services VI LLC, a special purpose company (the
"Purchaser").  The closings  for the purchase of the 2 Aircraft  occurred on May
28,  1997 and June 30,  1997.  The  Purchaser  is  managed  by  Triton  Aviation
Services,  Ltd. ("Triton  Aviation"),  a privately held aircraft leasing company
which was formed in 1996 by Triton  Investments,  Ltd., a company which has been
in the marine cargo container  leasing business for 17 years and is diversifying
its portfolio by leasing commercial aircraft.  Each Aircraft was sold subject to
the existing leases.

The Terms of the  Transaction - The total purchase price (the "Purchase  Price")
to the Purchaser is  $7,115,600.  The Purchaser  paid into an escrow account the
Purchase Price of $7,115,600 in cash upon the closing of the first aircraft. The
Partnership  received  $3,200,000  from the escrow  account on May 29,  1997 and
$3,915,600  for the  remaining  balance of the  Purchase  Price on July 3, 1997,
after the close of the second aircraft.

Under the purchase agreement,  the Purchaser purchased the Aircraft effective as
of April 1, 1997 notwithstanding the actual closing dates. The utilization of an
effective  date  facilitated  the  determination  of rent and other  allocations
between  the  parties.  The  Purchaser  has the right to receive  all income and
proceeds,  including rents and receivables,  from the Aircraft accruing from and
after April 1, 1997 to the date of the closing of $369,762  which is included in
rents from  operating  leases,  and will pay  interest  at the rate of 5.3% from
April  1,  1997 on the  purchase  price  amount  to the date of  payment  of the
Purchase  Price  to the  Partnership.  Each  Aircraft  was sold  subject  to the
existing  leases,  and as part of the  transaction  the  Purchaser  assumed  all
security  deposit   obligations   relating  to  such  leases.   The  Partnership
transferred  $75,000 in cash to the Purchaser  related to such security deposits
in May 1997.

Neither PIMC nor GE Capital Aviation Services, Inc. (GECAS) will receive a sales
commission in connection with the transaction.  Neither PIMC nor GECAS or any of
its affiliates holds any interest in Triton Aviation or any of Triton Aviation's
affiliates.  John Flynn, the current President of Triton Aviation, was a Polaris
executive  until  May 1996 and has over 15 years  experience  in the  commercial
aviation  industry.  At the time  Mr.  Flynn  was  employed  at PIMC,  he had no
affiliation with Triton Aviation or its affiliates.


                                        7

<PAGE>



Polaris  Aircraft  Income Fund II,  Polaris  Aircraft  Income Fund III,  Polaris
Aircraft  Income  Fund IV and  Polaris  Aircraft  Income  Fund V have  also sold
certain  aircraft  assets to separate  special  purpose  companies  under common
management with the Purchaser.


The  Accounting  Treatment of the  Transaction  - In accordance  with  generally
accepted accounting principles (GAAP), the Partnership  recognized rental income
up until the closing date for each aircraft  which  occurred on May 28, 1997 and
June 30, 1997.  However,  under the terms of the transaction,  the Purchaser was
entitled to receive any payments of the rents accruing from April 1, 1997 to the
closing dates.  These rents amounted to $369,762 which is included in rents from
operating leases.  As a result,  the Partnership made a payment to the Purchaser
in the  amount  of the rents  due and  received  effective  April 1,  1997.  For
financial  reporting  purposes,  the  sales  proceeds  of  $7,115,600  have been
adjusted by the following: income and proceeds,  including rents and receivables
from the effective date of April 1, 1997 to the closing date,  interest due from
the Purchaser on the cash portion of the purchase  price and  estimated  selling
costs.  As a result of these GAAP  adjustments,  the net  adjusted  sales  price
recorded by the Partnership was $6,782,497.

The Aircraft sold pursuant to the definitive  documentation  executed on May 28,
1997 had been  classified  as  aircraft  held for sale from that date  until the
actual  closing  date.  Under GAAP,  aircraft held for sale are carried at their
fair market value less estimated costs to sell.


3.       Related Parties

Under the Limited Partnership  Agreement,  the Partnership paid or agreed to pay
the following  amounts for the current quarter to the general  partner,  Polaris
Investment  Management  Corporation,  in connection  with  services  rendered or
payments made on behalf of the Partnership:

                                       Payments for the
                                      Three Months Ended         Payable at
                                      September 30, 1997     September 30, 1997
                                      ------------------     ------------------
Out-of-Pocket Administrative and
    Operating Expense Reimbursement      $    23,958           $     39,882

Management  fees payable to the general  partner are  subordinated  each year to
receipt   by  unit   holders  of   distributions   equaling  a  10%  per  annum,
non-compounded  return on  adjusted  capital  contributions,  as  defined in the
Partnership Agreement.






                                        8

<PAGE>



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

During the quarter  ended June 30, 1997,  Polaris  Aircraft  Income Fund VI (the
Partnership)  sold its  remaining  portfolio  of 2 aircraft  to Triton  Aviation
Services  VI LLC.  The  aircraft  sold  during the  quarter  ended June 30, 1997
consisted of one Boeing 737-200 Advanced  aircraft leased to British Airways Plc
(British  Airways) and one Boeing 727-200  Advanced  aircraft leased to American
Trans Air, Inc. (ATA).  In April 1993, the  Partnership  sold one Boeing 727-100
aircraft  that  ATA  transferred  to the  Partnership  as part of the ATA  lease
transaction,  to Empresa de Transporte Aereo del Peru S.A. (Aeroperu).  Aeroperu
completed its payment obligations to the Partnership in July 1996.

REMARKETING UPDATE

Sale of Aircraft to Triton

On May  28,  1997,  Polaris  Investment  Management  Corporation  (the  "General
Partner"  or  "PIMC"),  on  behalf  of  Polaris  Aircraft  Income  Fund  VI (the
"Partnership"),  executed  definitive  documentation  for  the  purchase  of the
Partnership's 2 remaining  aircraft (the "Aircraft") by Triton Aviation Services
VI LLC, a special  purpose  company  (the  "Purchaser").  The  closings  for the
purchase of the 2 Aircraft had  occurred on May 28, 1997 and June 30, 1997.  The
Purchaser is managed by Triton Aviation Services,  Ltd. ("Triton  Aviation"),  a
privately  held  aircraft  leasing  company  which was  formed in 1996 by Triton
Investments,  Ltd.,  a company  which  has been in the  marine  cargo  container
leasing  business  for 17 years and is  diversifying  its  portfolio  by leasing
commercial aircraft. Each Aircraft was sold subject to the existing leases.

The  General  Partner's  Decision to Approve the  Transaction  - In  determining
whether the  transaction  was in the best interests of the  Partnership  and its
unit holders,  the General Partner evaluated,  among other things, the risks and
significant expenses associated with continuing to own and remarket the Aircraft
(one of which was subject to a lease that was nearing  expiration).  The General
Partner  determined that such a strategy could require the Partnership to expend
a significant  portion of its cash reserves for remarketing and that there was a
substantial  risk that this strategy could result in the  Partnership  having to
reduce or even  suspend  future  cash  distributions  to limited  partners.  The
General  Partner  concluded that the opportunity to sell both the Aircraft at an
attractive  price would be  beneficial  in the present  market  where demand for
Stage II aircraft  is  relatively  strong  rather  than  attempting  to sell the
aircraft  over the  coming  years when the  demand  for such  Aircraft  might be
weaker. GE Capital Aviation Services,  Inc.  ("GECAS"),  which provides aircraft
marketing and management  services to the General Partner,  sought to obtain the
best price and terms  available  for these Stage II aircraft  given the aircraft
market and the conditions and types of planes owned by the Partnership. Both the
General  Partner and GECAS approved the sale terms of the Aircraft (as described
below) as being in the best  interest of the  Partnership  and its unit  holders
because both believe that this  transaction  will  optimize the  potential  cash
distributions  to be paid to limited  partners.  To ensure that no better  offer
could be obtained,  the terms of the transaction  negotiated by GECAS included a
"market-out"  provision  that  permitted the  Partnership  to elect to accept an
offer  for all  (but no less  than  all) of the  assets  to be sold by it to the
Purchaser  on terms  which it deemed  more  favorable,  with the  ability of the
Purchaser to match the offer or decline to match the offer and be entitled to be
compensated in an amount equal to 1 1/2% of the  Purchaser's  proposed  purchase
price.

On April 7, 1997,  the General  Partner  received and on May 14, 1997 elected to
accept a competing offer (the "Competing  Offer") from a third party to purchase
the  Partnership's  two aircraft for $7,115,600 in cash,  subject to a number of
contingencies.  On May 21, 1997,  the  Purchaser  was notified of the  Competing
Offer, and the Purchaser subsequently matched the Competing Offer.

As a result of the sale of the Aircraft,  the General Partner will be winding up
the  Partnership's  operations  and  the  Partnership  may be in a  position  to
dissolve before December 31, 1997.

                                        9

<PAGE>



The Terms of the  Transaction - The total purchase price (the "Purchase  Price")
to the Purchaser is  $7,115,600.  The Purchaser  paid into an escrow account the
Purchase Price of $7,115,600 in cash upon the closing of the first aircraft. The
Partnership  received  $3,200,000  from the escrow  account on May 29,  1997 and
$3,915,600  for the  remaining  balance of the  Purchase  Price on July 3, 1997,
after the close of the second aircraft.

Under the purchase agreement,  the Purchaser purchased the Aircraft effective as
of April 1, 1997 notwithstanding the actual closing dates. The utilization of an
effective  date  facilitated  the  determination  of rent and other  allocations
between  the  parties.  The  Purchaser  has the right to receive  all income and
proceeds,  including rents and receivables,  from the Aircraft accruing from and
after April 1, 1997 to the date of the closing of $369,762  which is included in
rents from  operating  leases,  and will pay  interest  at the rate of 5.3% from
April  1,  1997 on the  purchase  price  amount  to the date of  payment  of the
Purchase  Price  to the  Partnership.  Each  Aircraft  was sold  subject  to the
existing  leases,  and as part of the  transaction  the  Purchaser  assumed  all
security  deposit   obligations   relating  to  such  leases.   The  Partnership
transferred  $75,000 in cash to the Purchaser  related to such security deposits
in May 1997.

Neither PIMC nor GECAS will receive a sales  commission in  connection  with the
transaction.  Neither PIMC nor GECAS or any of its affiliates holds any interest
in Triton  Aviation or any of Triton  Aviation's  affiliates.  John  Flynn,  the
current President of Triton Aviation, was a Polaris executive until May 1996 and
has over 15 years experience in the commercial  aviation  industry.  At the time
Mr. Flynn was employed at PIMC, he had no  affiliation  with Triton  Aviation or
its affiliates.

Polaris  Aircraft  Income Fund II,  Polaris  Aircraft  Income Fund III,  Polaris
Aircraft  Income  Fund IV and  Polaris  Aircraft  Income  Fund V have  also sold
certain  aircraft  assets to separate  special  purpose  companies  under common
management with the Purchaser.

The  Accounting  Treatment of the  Transaction  - In accordance  with  generally
accepted accounting principles (GAAP), the Partnership  recognized rental income
up until the closing date for each aircraft  which  occurred on May 28, 1997 and
June 30, 1997.  However,  under the terms of the transaction,  the Purchaser was
entitled to receive any payments of the rents accruing from April 1, 1997 to the
closing dates.  These rents amounted to $369,762 which is included in rents from
operating leases.  As a result,  the Partnership made a payment to the Purchaser
in the  amount  of the rents  due and  received  effective  April 1,  1997.  For
financial  reporting  purposes,  the  sales  proceeds  of  $7,115,600  have been
adjusted by the following: income and proceeds,  including rents and receivables
from the effective date of April 1, 1997 to the closing date,  interest due from
the Purchaser on the cash portion of the purchase  price and  estimated  selling
costs.  As a result of these GAAP  adjustments,  the net  adjusted  sales  price
recorded by the Partnership was $6,782,497.

The Aircraft sold pursuant to the definitive  documentation  executed on May 28,
1997 had been  classified  as  aircraft  held for sale from that date  until the
actual  closing  date.  Under GAAP,  aircraft held for sale are carried at their
fair market value less estimated costs to sell.


Partnership Operations

The  Partnership  recorded net income of $11,720,  or an allocated loss of $6.48
per limited  partnership  unit,  for the three months ended  September 30, 1997,
compared  to net income of  $50,333,  or $0.39 per unit,  for the same period in
1996. The Partnership  recorded net income of $1,259,003,  or $10.83 per limited
partnership unit, for the nine months ended September 30, 1997,  compared to net
income of $241,400, or $2.49 per unit, for the same period in 1996.

The Partnership  reported  decreases in rent from operating  leases,  management
fees and  depreciation  expense during the three and nine months ended September

                                       10

<PAGE>


30,  1997,  as  compared  to the same  period  in  1996,  due to the sale of the
remaining Aircraft to Triton. The Partnership recognized a gain on sale of these
Aircraft of $642,181 during the quarter ended June 30, 1997.

Administration  and other  expenses  increased  during the three and nine months
ended  September  30,  1997 as  compared  to the same  periods  in 1996,  due to
increases in printing  and postage  costs  combined  with an increase in outside
services.


Liquidity and Cash Distributions

Liquidity - PIMC has determined that the Partnership maintain cash reserves as a
prudent  measure to insure that the  Partnership  has available  funds for other
contingencies  including  expenses of the Partnership in connection with winding
up its affairs.

Upon  determination  and  payment  of  remaining  operating  and  administrative
expenses of the Partnership  and expenses  associated with the winding up of the
Partnership, which cannot be estimated at this time, a final distribution of the
remaining  cash  reserves,  if any, will be  distributed  to the  partners.  The
General Partner anticipates that such payment of expenses and cash distributions
to partners  will be completed by December  31, 1997,  although  there can be no
assurance  that the  Partnership  will be able to wind up its operations by that
date.

Cash  Distributions - Cash  distributions  to limited  partners during the three
months ended September 30, 1997 and 1996 were $8,764,023, or $126.25 per limited
partnership  unit  and  $433,863,   or  $6.25  per  limited   partnership  unit,
respectively.  Cash  distributions  to limited  partners  during the nine months
ended  September  30,  1997 and 1996 were  $9,631,748,  or $138.75  per  limited
partnership  unit and  $1,301,587,  or  $18.75  per  limited  partnership  unit,
respectively.

                                       11

<PAGE>



                           Part II. Other Information
                           --------------------------

Item 1.       Legal Proceedings

As  discussed  in Item 3 of Part I of  Polaris  Aircraft  Income  Fund VI's (the
Partnership) 1996 Annual Report to the Securities and Exchange  Commission (SEC)
on Form 10-K (Form 10-K) and in Item 1 of Part II of the Partnership's Quarterly
Report to the SEC on Form 10-Q (Form 10-Q) for the periods  ended March 31, 1997
and June 30, 1997,  there are a number of pending legal  actions or  proceedings
involving  the  Partnership.  Except  as  discussed  below,  there  have been no
material developments with respect to any such actions or proceedings during the
period covered by this report.

Equity Resources, Inc., et al. v. Polaris Investment Management Corporation,  et
al. - As previously disclosed, on May 23, 1997, the defendants filed a motion to
dismiss this action.  Subsequently,  plaintiffs  voluntarily sought dismissal of
their suit  without  prejudice.  On  September  16,  1997,  the court  dismissed
plaintiffs' complaint without prejudice.

Ron Wallace v. Polaris Investment Management Corporation,  et al. - On September
2,  1997,  an amended  complaint  was filed  adding  additional  plaintiffs.  On
September 16, 1997, the Polaris  defendants  filed a demurrer seeking to dismiss
the  amended  complaint.  Simultaneously  with the filing of the  demurrer,  the
Polaris  defendants  sought a stay of  discovery.  The  hearing on the  demurrer
occurred on November 4, 1997. On November 5, 1997, the court granted the Polaris
defendants' demurrer and ordered that plaintiffs be given 10 days leave to amend
their complaint to plead demand futility.

On or about  October 14, 1997,  the  plaintiffs  in this action filed a separate
Petition for Writ of Mandate in the San Francisco  Superior  Court  entitled Ron
Wallace,  et al. v. Polaris  Investment  Management  Corp.,  et al.,  seeking to
obtain  access  to  all  the   Partnership's   books,   records  and  documents.
Subsequently, pursuant to an agreement between the parties, plaintiffs agreed to
dismiss  their  Petition  for Writ of Mandate  with  prejudice  and the  Polaris
defendants agreed to withdraw its motion seeking a stay of discovery.

Other Proceedings - Item 10 in Part III of the Partnership's  1996 Form 10-K and
Item 1 in Part II of the Partnership's Form 10-Q for the periods ended March 31,
1997 and June 30, 1997 discuss  certain  actions  which have been filed  against
Polaris Investment Management Corporation and others in connection with the sale
of interests in the Partnership and the management of the Partnership.  With the
exception of Novak,  et al v. Polaris  Holding  Company,  et al, (which has been
dismissed,  as discussed in the 1996 Form 10-K) where the  Partnership was named
as a defendant for procedural purposes,  the Partnership is not a party to these
actions.  There have been no material  developments  with  respect to any of the
actions described therein during the period covered by this report.


Item 6.       Exhibits and Reports on Form 8-K

a)       Exhibits (numbered in accordance with Item 601 of Regulation S-K)

         27.      Financial Data Schedule

b)       Reports on Form 8-K

         A Current Report on Form 8-K/A,  dated May 28, 1997,  amending  certain
         exhibits listed in Item 7, was filed on August 18, 1997.

                                       12

<PAGE>



                                    SIGNATURE



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

                                      POLARIS AIRCRAFT INCOME FUND VI,
                                      A California Limited Partnership
                                      (Registrant)
                                      By: Polaris Investment
                                          Management Corporation,
                                          General Partner




        November 12, 1997                 By: /S/Marc A. Meiches
----------------------------------            --------------------------------
                                              Marc A. Meiches
                                              Chief Financial Officer
                                              (principal financial officer and
                                              principal accounting officer of
                                              Polaris Investment Management
                                              Corporation, General Partner of
                                              the Registrant)

                                       13