I wonder just how fast at three shifts a day 7 days a week could a reasonably fast passenger liner be converted to a CV?
In the 1930s, both the USN & the RN did quite a few studies on converting large, fast liners into carriers upon mobilization. These studies estimated that the conversions would take between 6 months to a year. The USN conversions, depending on the ship an plan used, would have carried about 40-70 aircraft. However, none of the suitable liners available to the US were really fast- about 18-22 knots; there was a planned Maritime Commission P4 variant supposed to be specifically designed with carrier conversion in mind and capable of 24-5 knots, but it was never built. Moreover, all of these ships were needed as troop transports; the British had some faster ships, but these too were needed as troopships and for other purposes- the Admiralty specifically earmarked for conversion were ultimately used as troopships or AMCs, although a similar ship was converted from an AMC into a CVE (HMS
Pretoria Castle) during the war.
The Japanese, as 'shadow fleet' program (several merchant ships and fleet auxillaries specifically designed for carrier conversion upon mobilization as a way around treaty restrictions) heavily subsidized 2 fast liners (
Idzumo Maru &
Kashiwara Maru) for the NYK line specifically designed with carrier conversion in mind (similar to the US studies of the interwar years,) with some naval-spec machinery; they were taken over during construction and completed as the carriers
Hiyo &
Junyo, designed to carry 53 aircraft. However, the conversions were complex, difficult, had issues in service, the mix of naval & merchant-spec machinery limited their performance.
Friedman, in his book on US carriers, has a chapter on the liner conversion studies, notes that the issues with the Japanese conversions suggest that abandoning the liner conversion plans was a good idea, although the experience was invaluable to the CVE program.
Essentially, most of the possible liner conversions would have been nothing more than outsized CVEs which required more manpower and resources to operate, for maybe twice the airgroup. The only ship under US control that would have made for a conversion tactically compatible with the fleet carriers that I am aware of would have been the
SS Normandie, seized by the US in 1940 after the French surrender. In a TL where
Enterprise or
Lexington were caught at Pearl Harbor Dec. 7, the decision to convert
Normandie into a troopship instead of a carrier might have been reversed, although as a carrier, she would have made for a big, not very manuverable target without the survivability features normally built into warships. I haven't seen anything about what sort of airgroup/stores capacity/defensive armament a carrier conversion of the
Normandie would have had (she was much bigger than the ships looked at in the prewar USN studies), although if any amature naval architects here want to take a stab, there is a cutaway schematic available
here. Of course, that would require somehow avoiding the fire and subsequent capsizing due to damage control errors made by the New York Fire Department and port director that destroyed the ship while being stripped for conversion in Feb. 1942.