The USAAC had B-17Es based in Java, as well as P 40Es, until the Japanese took over.
The Dutch would need Hawk 75s, CW 21s, and a motley collection of totally obsolete Martin bombers and various biplanes.
Ships will be the show stopper.
I imagine even an IJN Kuma class light cruiser would take many months to complete.
You would need a lot of ships for this scenario.
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Personally speaking, the P-40 could contend on an equal footing with all the types of Messerschmitts, almost to the end of 1943.
~Nikolay Gerasimovitch Golodnikov
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