Select the preset program of Preheat to preheat the air fryer.

Mix mayonnaise, cotija cheese, lime juice, and chili powder in a shallow dish.

Roll each piece of corn in the mayonnaise mixture until all sides are covered.

Place all 4 pieces of the corn into the air fryer.

Select Preheat program again, set the temperature to 390℉/200℃ and the time to 20 minutes, then press Start/Stop to cook.

Garnish with cilantro.