Yup. Air superiority changed naval warfare forever. It was the radar technology given to the American's by the British that closed the blindspot in the center of the Atlantic which the Germans used to hide U-Boats. Once radar was able to shrink the mid-atlantic gap Germany became unable to disrupt allied merchant shipping. The lack of places to hide meant German U-Boat flotilla's were fish in a barrel for allied planes.
With carriers and planes... just a matter of time until a battleship is found and not much a battleship can do alone at that point. Thus the effectiveness of subs (and in particular at that time the wolf pack system).