Faced with shortages of steel, workers, dockyard capacity, they opted to suspend construction of all major surface warships except for a few here and there and concentrate on the production of Uboats. In retrospect that was the correct one for Germany, but should have been made in 1937, not 1940.
Agreed, focusing more on a land based maritime air force would probably be the better investment too. (submarine + patrol + strike aircraft cooperation)
Ah yes, but highly unlikely to ever occur. Aircraft design and procurement for the carrier remained at all times firmly the prerogative of the LW, not the fleet, and the LW was never going to expend resources designing and developing a purpose built carrier design
Which I believe was also the main hurtle to overcome for any sort of marine air arm: competition and general lack of cooperation from the Luftwaffe (and active resistance to development of an independent air arm).
I'm still thinking the Fw 187 might have been a better bet than a single-engine fighter as far as long-range coastal fighters capable of recon, escort, interception of anti-sumbarine aircraft, etc. More costly than potential long-ranged single engine aircraft but the 2-seater arrangement was important early-war for better radio operation (and potentially navigation and spotting purposes). The Jumo 210G also performed best at low altitudes more common with over-water operations. (a hypothetical Hispano 12Y powered version would also tend to be low/middle-altitude optimized -either way still engine choices reducing competition with LW resources)
I'd imagine getting support for a fleet of Maritime dedicated He 111s would be a bigger hurdle than long-range fighters as far as LW competition/infighting went. (along with Fw 200, and Ju 290 development/production and certainly marine air arm control over the likes of the BV 138 -possibly put more emphasis on HA 139 and BV 142 development, possibly Do 26 -obviously some of those would be redundant and better used in place of others)
Ah yes, that's correct, In relation to your second question, the answer is I don't know. A good discussion on the problems of the GZ including its catapult shortcomings can be found here
https://www.sinodefenceforum.com/the-german-aircraft-carrier-graf-zeppelin.t6602/
Relevantly the discussion includes the following:
"
It's elaborate trolley catapult system would almost certainly be unreliable and difficult to service in actual use"....which I have read elsewhere as well
The Japanese also made do without catapults entirely for the early portion of the war. Making do with STOL capable aircraft and solid fuel RATO units instead.
Heinkel's compressed air system for the double-ended catapult worked remarkably well and provided a great deal of velocity to the launching aircraft.
Bear in mind, though, that this system was designed to launch aircraft one at a time and in groups no greater than three or four in a given period of time.
A sensible compromise seems like reserving use of the catapults only for specially overloaded aircraft while relying mostly on un-assisted take-off otherwise (and having both the aircraft and carrier deck designed for such). That, and/or using RATO to get overloaded aircraft off the deck.
Didn't most carrier-borne USN aircraft take-off under their own power outside of special overload conditions? And didn't the Doolittle B-25's take off under their own power as well?
Of course, they'd have actually had to heed the Japanese experience in developing any sort of carrier fleet ... not to mention heeding developing trends in American and British pre-war carrier tactics.
I wonder if a navalized Hs 123 might have been better suited to carrier operations given its STOL capabilities and smaller size and wingspan than the Ju 87. (granted, lower bombload and the range would need to be extended) That probably would have made more sense if there had been earlier carrier developments in Germany more heavily borrowing from Japanese experience. (it would have been the only really useful military aircraft to consider adapting to carrier service in the 1936 timeframe too) As a 'fighter' it also seems more attractive than what the RAF had to work with pre-war. (between the Skua and Sea Gladiator you've got a better multi-purpose aircraft ... slower but better climb rate than either and better maneuverability than the Skua at least -of course the Gladiator was cripled by its fixed-pitch propeller ... stick the Skua's prop on it and add some bomb racks and you might have a better fighter AND dive bomber too)
This is far off from the escort topic though, and focusing on submarine warfare with land based + seaplane air cooperation seems like it might have been the best investment of limited resources anyway. (still, 'pocket carrier' might have been a more interesting concept to pursue than 'pocket battleships' -I suppose that's what escort carriers ended up being for other countries)