Why interwar armoured carriers made sense

Which interwar naval decision was sensible despite later criticism?

Armoured carriers accepted a smaller aircraft capacity to improve survival in the Mediterranean and at the distant end of the Royal Navy's repair and supply system.

The criticism that armoured carriers carried too few aircraft is accepted as a real limitation. The Royal Navy understood that tradeoff when choosing the design. In the Far East, damaged ships would operate at the distant end of the logistics system without the rapid repair support they needed. In the Mediterranean, carriers would face extensive land-based air attack. Armour offered a way to keep the ships survivable under those conditions.