The clutch doesn't engage until the pedal is almost all the way up ?..
That doesn't sound like air in the system,if it had air bubbles the clutch wouldn't release fully ,or you'd have to pump the pedal to get it to disengage..
There may be other issues --like did you buy a matched setup,sure the right length throwout bearing was used (there were 3 different types on square bodies depending on the type of pressure plate and height of the "fingers" on it),and if you had the flywheel resurfaced ,it may need a shim to put it back where it is supposed to be...
You want about 1" of free play at the pedal before you feel resistance,otherwise the throwout bearing will be in contact constantly with the pressure plate and can wear it out in short order,also possibly make the clutch disc slip and ruin it..