The obvious answer is something going on with Operation FS. With Akagi being repaired and Kaga on the bottom, the Japanese can commit Soryu, Hiryu, Shokaku, and Zuikaku as the 1st Air Fleet, as was planned for FS, potentially with Ryujo and Zuiho attached per the OTL post-Midway reorganization.
On the Allied side, Saratoga and Wasp remain on hand for the US, and they'll be fairly howling for a British carrier to help out. Indomitable gets bombed in August during Operation Pedestal, which means she would be unavailable to any attempt to counter FS. Victorious and Formidable need to remain in Atlantic waters, both to support Torch and then to support British forces in home waters. Illustrious, however, is in the Eastern Fleet and it shouldn't be hard to convince the Brits that her presence in the Pacific would do more good for keeping the Indian Ocean safe than remaining in Ceylon.
While it'll take time to get Illustrious to the front and up to speed, the Japanese as noted need to rebuild the air groups for Soryu and Hiryu and do some refits. OTL they delayed FS until September and are likely to do so again. They'll also want to get the Guadalcanal airfield up and running.
This situation holds the potential for Saratoga, Wasp, and Illustrious to do battle with the aforementioned Japanese carriers, likely during the Fiji section of the operation.
~o~
The other option is for the Japanese to cancel FS and for the US to wait until they have sufficient Essex and Independence-class carriers to go on a general offensive. As IOTL this is going to be in November 1943 - Saratoga, Wasp, and four Essex-class and six Independence-class for the US, the Shokaku, Soryu, and Hiyo classes along with Akagi and light carriers Ryuho, Ryujo, and Zuiho. 12 to 10, and 659 aircraft to 528. Given the better force ratio and much fewer losses with no Guadalcanal campaign I expect the Japanese to contest the US wherever the offensive lands.