Just experimented with “frying” Spam in the air fryer. Verdict: meh. It’s good in a pinch, but unless you slice the Spam paper-thin, you won’t get the crispness (and definitely not the caramelization) of pan frying.
Had it with two boiled eggs and cauliflower rice. Didn’t quite take care of my Filipino comfort food jones, but it’ll do for a low-carb lunch.