The invention relates to a single-spindle monocontrol intelligent air covered yarn machine which comprises a stand (1), an electric control system and a multi-spindle covered yarn mechanism, a single-spindle covered yarn mechanism comprises an original yarn creel (2), an urethane elastic fibre feeding device (3), a drafting feeding device (4), an air covered device (5), a main drafting device (6), an automatic oiling device (7) and a high-speed precise winding device (8), wherein the original yarn creel (2), the urethane elastic fibre feeding device (3), the drafting feeding device (4), the air covered device (5), the main drafting device (6), the high-speed precise winding device (8) and the automatic oiling device (7) are arranged on the stand (1) from top to bottom. The invention has reasonable distribution, convenient and easy operation, high production efficiency, high intelligence and low production cost.