In a UE Cruiser, it's ever so easy to capture capital ships like the Azdgari and Zidagar warships. You can quite easily end up with a full half-dozen of them. When someone gets a lock on you and the alert siren starts blaring, it's launch, launch, launch... suddenly the sky is full of your escorts' itty-bitty fighters. Individually weak, between them they're a match for just about any fleet in existence.
The fighters dash ahead and engage the enemy. It doesn't matter how many of them get taken out, because you don't have to buy 'ammo' for your escorts. Once they're mixing it up with the enemy, I actually call them off, using the 'hold position' command. This causes my escorting capital ships to coast to a halt - shortly before they get into combat. I don't mind losing a few escorts' fighters, but I don't waste capital ship escorts (especially once I've upgraded to an Iggy warship, because then it's harder to capture replacements).
Now, the hostiles come after me, possibly finishing off a fighter or two first. The remaining fighters try to return to their motherships. The hostiles are half beaten up already (eighteen Azdgari and six Zidagar fighters can make a mess of a fleet), and when they come after me in ones and twos, it's simple to take them down. Importantly, the dormant escorts don't finish off disabled hostiles - so I get a chance to loot them after the fight.
While in the UE cruiser, I seldom use my own fighters, because that all too often involves a long trek back to UE space to purchase replacements. You don't have as much control over escorts, and hardly any over their fighters, but using this technique I manage to stop a battle from disintegrating into a confusing frame-rate nightmare that could prevent me from getting any loot!
Only trouble now is... there's nobody left who's worth fighting! Might start dominating the galaxy... well, it's a hobby.
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"I wear a helmet
But I've got a bare chest
I do some talking
My phaser does the rest
Don't like your tentacles
Don't like your face
Don't like your planet
Think I'll lay it to waste
'Coz I'm Rambo in Space
Yeah, I'm Rambo in Space"