In a small bowl, whisk together the mayonnaise, sweet chili sauce, Sriracha, and honey. Set the sauce aside in the fridge.

Set up a dredging station: Place buttermilk in one bowl. In a second bowl, whisk together the Panko breadcrumbs, cornstarch, salt, and pepper.

Dip each shrimp into the buttermilk, letting excess drip off, then press firmly into the Panko mixture until fully coated.

Spray your air fryer basket with non-stick cooking spray. Arrange the breaded shrimp in a single layer (do not overcrowd).

Spray the tops of the shrimp generously with cooking oil spray.

Air fry at 400°F (200°C) for 8-10 minutes, flipping halfway, until golden brown and crispy.

Transfer the hot, crispy shrimp to a large bowl, pour the prepared sauce over them, and toss gently to coat. Serve immediately.