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Spritz the air fryer basket with cooking spray.
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Make the teriyaki sauce: combine the soy sauce, honey, garlic powder, and ginger in a bowl. Stir to mix well.
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Brush the ribs with half of the teriyaki sauce, then arrange the ribs in the pan. Spritz with cooking spray.
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Put the air fryer basket on the baking pan and slide into Rack Position 2, select Air Fry, set temperature to 350ºF (180ºC) and set time to 30 minutes.
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After 15 minutes, remove from the oven. Flip the ribs and brush with remaining teriyaki sauce. Return to the oven and continue cooking.
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When cooking is complete, the internal temperature of the ribs should reach at least 145ºF (63ºC).
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Serve immediately.