Heat air fryer to about 200oc.
Add flour, salt, and black pepper to a small bowl. Stir to combine.
Add egg to another small bowl.
Place panko breadcrumbs in another small bowl.
Dredge each oyster on both sides in flour, then egg, and finally panko breadcrumbs.
Spray the air fryer basket with a thin layer of oil.
Place the oysters in the basket in a single layer. Cook on one side for 3-4 minutes. Flip oysters and cook for another 3-4 minutes.
Cook in batches until all are done.