Originally posted by Viking
They could have sunk the entire British fleet. At that time shipboard AAA was woefully inadequate to defend capital ships; something Bismarck discovered to her demise. It was only later in the war that AAA became effective with the advent of radar-fused shells and purpose built AA cruisers and destroyers.
In 1941 every British warship was as helpless against aircraft as the Bismarck was.
I think that is an overstatement, but they sure would have been a nasty surprize. Remember, that any capital ship the Germans managed to get to the high seas caused the Brits to goo chase the fox, with many times the resources. And those were already stretched in 1941. So, with say one German TG out in the Atlanticboth the Home fleet and force "H" at Gibraltar have an extra job on their hands.
But:
"The Seafire did not enter service until 1942, and the "Hurricat" did only operate in small numbers from catapult ships in 1941. The Swordfish bombers the carriers could launch would be a rather ineffective defense don't you think? In 40-41 the RN was without effective air cover whenever they operated outside the range of the RAF."
Already in 1940, a squadron of Hurricanes landed on a carrier, with no tailhook, no experience, and no accident! The Hurricat and Seafires weren't so much on the carriers in the beginning for they weren't needed that bad, - not untill the Condors started to bother the convoys.
A German carrier with 109's aboard would have pressed those into service at once! And a humble Seafire in 1942 is a handful for a 109T.
As an offensive weapon, the GZ was just as good or better than anything the Allies had at the time, and as a defensive weapon she might have proved very useful for the German capital ships, for spotting, and although the little bombs did have problems with the armoured decks of capital ships, there was always the chance, and not all ships were capital ships.
So, just my cents.