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Place the flank steak strips into a large bowl. Add all the marination ingredients (chili powder, onion powder, cumin powder, salt, pepper, olive oil, lime juice. worcestershire sauce, soy sauce, and garlic cloves.) Combine to evenly coat the meat pieces, I like using my hands. Cover with plastic wrap and place in the fridge to marinate, for at least 30 minutes and up to 4 hours.
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Meanwhile, in a large bowl, add the sliced red bell pepper, green bell pepper, and onion. Drizzle with the olive oil, and add the paprika, salt, and black pepper. Toss to evenly coat.
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Place this mixture into the air fryer basket. Turn the air fryer on to 390 F (200C). Cook for 10 minutes, shaking the basket a few times during cooking time.
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After the 10 minutes of veggie cooking time, add the marinated steak on top of the veggies. Air fry for another 7 minutes (you can start checking at 5 minutes) until the steak pieces are cooked through but still tender, and starting to brown around the edges.
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Remove from the air fryer basket and place on a serving plate. Enjoy with tortillas, sour cream, salsa, guacamole, shredded cheese or any other toppings of your choice.