What would change if the planned British carrier raid on Wilhelmshaven had taken place in 1918 and succeeded?
Short answerIt would likely trigger a major carrier-building program and put more fleet carriers under construction before the Washington Naval Conference.
NotesThe answer expects a successful 1918 raid that sank or forced out a significant part of the German fleet to trigger a major carrier-construction response. Navies would treat aircraft carriers as demonstrated fleet weapons rather than experimental auxiliaries. Britain and other powers could enter the early 1920s with more purpose-built fleet carriers already under construction, changing the starting assumptions of the Washington treaty negotiations. The counterfactual links one operational success to procurement, doctrine, and arms-control consequences.