January 27--The Vietnam cease-fire, announced four days earlier, came into effect and the carriers Oriskany, America, Enterprise and Ranger, on Yankee Station, cancelled all combat sorties into North and South Vietnam. During the Vietnam conflict, which dates U.S. involvement starting in 1961 and ends on 27 January 1973, the Navy lost 526 fixed-wing aircraft and 13 helicopters to hostile action.

The Marine Corps lost 193 fixed-wing aircraft and 270 helicopters to enemy action during the same period. Operation Homecoming, the repatriation of U.S. POWs between 27 January and 1 April, began and NVN and the Viet Cong released 591 POWs. Of the 591 POWs released during Operation Homecoming, there were 566 military personnel and 145 were Navy personnel. Naval Aviation personnel accounted for 144 of the 145 Navy personnel.