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At the start of WWII the Royal Navy had the following number of vessels

7 x Aircraft Carriers (average complement 1600 men)
16 x Battleships and Battle cruisers. ( av comp 950 to 1300)
66 x Cruisers ( av comp 750)
184 x Destroyers (av comp 150 - 180)
plus Subs, sloops etc

With WNT restrictions still in place and the finance available, plus keeping roughly the same manpower, how plausible would it be for the Royal Navy to change the structure of the fleet as follows?

Converting all 16 BB's to Aircraft Carriers.
Replacing all 66 Cruisers with 264 Destroyers

Thus giving the following totals to an alternate RN structure in 1940 as follows.

23 x Aircraft Carriers
448 x Destroyers
plus same number of Subs, sloops etc

Would this be possible?

How would it effect the Battle of the Atlantic?

Could it act as a deterrent against the IJN/IJA in the Far East?

Regards filers.
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