I view Malta is my CV in the Med.
SZ97: CV, DD, CR, 1 Ftr (Malta), 1 Tac (SZ98), 1 Bomber (London)
SZ96: CR (SZ91) and FTR (Gib)
I use the TT to move 1 INF/ART on NCM to activate Persia, joining up with the Indian DD/CR. Round 2 I can use the CR via the TT for an extra bombard to take out Iraq. Bomber is in range as well if Italy stays in Europe.
I’ll sac the CV on the first two hits in SZ97, because its not going to survive an axis counter attack anyways and I don’t want to lose aircraft as sitting ducks to a full swing by the Italians if they elect to not scramble and counter with their airforce and naval ships in SZ95.
I generally end up after Turn 1 with a CR in SZ97 or a CR in SZ96 with 1 Ftr and 1 Bomber on Malta. Sometimes its an empty Med with a UK DD waiting to slide in on UK2 or act as fodder if the Italians have ships left in the Med. The French DD in SZ98 will suffice to deny the Italians the Med NO going forward if I’ve cleared the Med as the UK.
Having aircraft in position, plus a DD inside the Suez generally keeps the Italians bottled up buying ground units or a Ftr.