After pulling out of South Vietnam in 1975, there was an attempt to keep a company presence in Thailand. After this fell through, Air America was dissolved on 30 June 1976. Air Asia, the company that held all of the Air America assets, was later purchased by Evergreen International Airlines. All proceeds, a sum between 20 and 25 million dollars, were returned to the US Treasury. The employees were released unceremoniously with no accolades and no benefits even for those who suffered long-term disabilities, nor death benefits for families of employees killed in action.