In a large mixing bowl, combine the flour, baking powder sugar, garlic powder, onion powder, and salt.
Stir in the shredded cheddar cheese and minced jalapeno, and reserve the sliced jalapenos.
In a separate bowl, whisk together the egg, milk, and butter until well combined.
Pour the butter mixture into the flour mixture and stir until just mixed through.
Divide the batter evenly between your loaf pans.
Dot the tops of the loaves with jalapeno slices.
Using the air fryer setting, cook at 320 degrees for 12-15 minutes or until the bread is cooked through. (Tip: Check the underside of the loaves around 12 minutes, if they’re undercooked, flip the loaves inside the pan and cook for several more minutes until cooked through)
Cool for 5-10 minutes before slicing.
Plate, serve, and enjoy!