Pilots do end up in the water. And can be rescued, sometimes this is even an objective.
Lifeboats are sometimes occupied (and can be mowed down with the machine gun :-)), sometimes empty and sometimes floating upside down.
Guys run around on the deck as the ships is running, but seem to disappear when it's hit(?). AA crew and gun crew stick around until it actually starts sinking, trying to take you with them if they can. Airplanes also fly every which way when you get a good hit on a carrier, or tip off the deck as it capsizes :-).
No fish, but plenty of plankton and seaweed, as well as seagulls which circle the ship when surfaced.
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