The time-resolved spectra of the air-breakdown plasma produced by the 1.06 microns beam of a Nd:YAG laser were investigated by using the time-delayed spectra and the spectral line evolution methods. The time evolutions of the short wavelength band and long wavelength band of the continuous spectra of the air-breakdown plasma have been measured. The result shows that the decay rates of both bands are slowing down 0.5 microsecond after the excitation of the plasma, and the attachment and the detachment of free electrons by O2 in the plasma could be the reason for this behavior. The results of the time-resolved measurements of the line spectra show that most of the line spectra have the evolution time longer than their lifetimes, and the evolutions of some line spectra take a fashion of "decay-grow-decay". We consider these evolution behaviors of the line spectra to be related to various recombination processes and the energy transfer processes of the decaying plasma.