Following voyage repairs at Norfolk Naval Shipyard, Coral Sea conducted refresher training out of Guantanamo Bay returning to Norfolk 21 September. The ship entered Norfolk Naval Shipyard 7 October for a five-month period of repairs and alterations, including modernization of her bridge and island. She returned to "Gitmo" for further refresher training (18 March-25 April 1949) before she broke the flag of RADM M. F. Schoeffel, ComCarDiv Two, 30 April.

Coral Sea, with Air Group Two embarked, departed Norfolk 3 May on her maiden deployment with the 6th Fleet, and reached Gibraltar 11 days later, CVG-2's primary composition was for the most part made up of battle-tested WWII aircraft: three squadrons of Vought F4U-4 Corsairs and one with the newer model -5; VA-25had a mix of postwar Douglas AD-1 Skyraiders along with Eastern-built TBM-3E Avengers. Coral Sea joined her sister Atlantic Fleet carriers in the postwar goodwill and show of strength deployments to the Mediterranean. These cruises provided a stabi1izing influence in the area while serving as direct instruments of Untied States foreign policy. During her first tour in the Med, the new carrier interspersed a regimen of exercises near Malta, and Suda Bay, Crete, with visits to a succession of European ports.

Completing repairs 6 April 1950, Coral Sea exercised off the Virginia capes and operated locally out of Norfolk before she cleared port 1 May for Gitmo and training. She returned to Norfolk 18 June for local operations.

On 27 June, CVB-43 became the flagship of RADM William L. Rees, Jr., ComCarDiv Two and over the ensuing weeks conducted CarQuals off Atlantic City, N.J. During that period, she also was the site of the first carrier landings of the North American AJ-l Savage, 31 August 1950 demonstrating the feasibility of operating heavy attack aircraft from a carrier in the strategic mission role.

That slate of local operations and training behind her, Coral Sea-with CVG-l7 embarked - sailed 9 September 1950 for her second 6th Fleet deployment. CVG-17 brought F 2H-2 Banshees to CVB-43 for her initial deployment with jet aircraft. She transited the Strait of Gibraltar the 19th, subsequently taking part in fleet exercises off the coast of Sicily and in the Malta operating area before she visited Augusta. Returning to sea, she operated near Suda Bay and Sicily again before visiting Algiers and Oran, departing the latter 22 January 1951 for return to the United States.

Following post-deployment voyage repairs, Coral Sea operated in the Virginia Capes area, qualifying CVG-1 and preparing for her third Med deployment. Pioneering Aviator CAPT James S. Russell, later Chief or the Bureau of Aeronautics and four-star admiral, relieved CAPT Fred M Trapnell as Coral Sea's fifth commanding officer, 12 February 1951. As flagship for RADM Daniel V. Gallery, ComCarDiv Six, the ship sailed from Norfolk 20 March, reaching Gibraltar 1 April. As before, calls at Italian, French, Greek and Turkish ports punctuated her periods of flight operations at sea: at one point she participated in the first Major North Atlantic Treaty Organization (NATO) exercise, Beehive I, with British, French and Italian ships. Returning to Norfolk 6 October via Lisbon, the carrier entered Norfolk Naval Shipyard 10 October for an overhaul that lasted into February 1952.

 

After carrying out local VaCapes operations and refresher training out of Guantanamo Bay, Coral Sea - CVG-4 embarked - cleared Norfolk 19 April 1952 as flagship for RADM Charles R. "Cat" Brown, ComCarDiv Six, to commemorate her fourth 6th Fleet deployment. Significant in this tour was her visit to Split, Yugoslavia, 11-14 September 1952, the first of an American aircraft carrier to that Adriatic port. While there, she hosted Marshall Josip Tito,

Yugoslavia's Prime Minister, who observed air operations during his three hour visit. Coral Sea returned to Norfolk 12 October 1952 via Cannes and Lisbon, having earned the Atlantic Fleet Battle Efficiency Award for carrier excellence. Reclassified as an attack carrier, (CVA-43) effective I October1952, Coral Sea conducted five more 6th Fleet deployments during the next five years with a succession of different air groups-CVG-8 in 1953, CVG-10 in 1954, CVG-17 in 1955 and CVG-10 again in 1956-1957. The CVG-8 cruise, 26 April-21 October 1953, marked a major change in air group composition from propellers to jets. Although earlier air groups had two full Banshee squadrons, the predominant aircraft had been Corsairs. The most numerous aircraft for the 1953 deployment were Grumman F9F-5 Panthers, which included a Marine squadron, VMF-122. The ship's first AJ Savage det also operated during this cruise. The CVG-10 deployment remained a "jet air wing," hut was a mix of newer McDonnell F2-H4s, F2H-2s and an upgrade to F9F-6 Cougars. Clearing Norfolk 7 July 1954, the six month deployment included operations with Morocco-based VC-5 and VC-9 AJ-2s before Coral Sea arrived home in Norfolk 20 December.