@Maj. von Mauser: Good ideas for the Carrier names.
Italy suffers immense humiliation in North Africa, as not only Ethiopia is taken by the British, but Libya falls...to Australia!
Yugoslavia is overrun by Axis forces.
Spanish war plans for the US are complete.
The Spanish army will cross over the Mexican border in large numbers and move into Texas, New Mexico, Arizona, and California. Their primary targets will be the huge amounts of resources produced in Texas and the southwest, which will help cripple the US' ability to run their formidable industry. The army will also march into the Panama canal zone, preventing the US navy from quickly moving its vessels from the Pacific to the atlantic and Caribbean.
If possible, Spanish troops with Mechanized infantry will invade Florida by sea, hopefully cutting off any US troops there. Unfortunately, this might not be possible, due to a shortage of convoy vessels. If not, then these forces will join the ones from Mexico marching into texas. Then, Spanish troops will split off into smaller units, and try their best to cover as much ground as possible, encircling US army units along the way. It is possible that the allies could interfere in this endeavor, in which case the robust Canadian army might head south to battle Spanish forces. However, the allies, under the Spanish threat of seizing Gibraltar, might stay out.
The navy and air force will be tasked with battling the formidable US fleet, with the Air force bombing enemy vessels at port and at sea, while the navy attacks smaller groups of vessels, hoping to destroy as much enemy ships as possible.
Time is probably Spain's biggest enemy in this endeavor, for after a few months the US will be able to mobilize hundreds of thousands of troops to stop the Spanish invasion cold.
Time is also Hitler's biggest enemy, as German armies cross the Polish frontier and invade the Soviet Union.
A comparison of Spanish vs US armies. The Spanish army has mobilized a very large and potent force, against the far smaller US army, which has only recently begun building up.
The US navy compared to Spain's is extremely formidable. They have a large amount of battleships and carriers with which to fight with. The Spanish navy will have to co-ordinate with the Air force to sink as many vessels as possible, and do their best to avoid taking any losses, especially in capital ships.
And finally a comparison of the Spanish vs US airforces. The US possesses a powerful ground attack ability, but Spain has the advantage in the number of fighters it can deploy. Hopefully, the Spanish airforce will be able to shoot down a large number of American bombers.