An article on Reddit about how someone converted his old phone into a hardware wallet using this software piqued my curiosity, and I decided to look into it further. I downloaded the app from the iOS store and gave it a shot. So far, everything is going well. It works perfectly, and when I had a problem configuring it, I received prompt assistance from the support team. The sole disadvantage so far is the small number of coins supported, and there has been no indication from the team as to whether this will change in the future.
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I'm not sure why the wallet isn't more frequently download; it has received a very small number of downloads compared to other wallets such as trustwallet, and safepal.
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However, as someone who has used all of the wallets described above, I will always choose AirGap, despite the fact that it only supports a limited number of coins at this moment. I have also heard from one of their support representatives that wallet connect functionality would be introduced in the near future.