Abstract: An air pressure type compound insulated container capable of providing cold and hot water or different kinds of beverages is disclosed. The container comprises a cover assembly, a cover seat, a discharging pipe assembly, insulated flasks, and a bottle casing. The cover assembly comprises a cover, a twisting member, an air pump, a control member and a fixing plate wherein the twisting member, the air pump and the control member are situated between the cover and the fixing plate. By the operation of the twisting member which drives the control member and exerts force to the air pump for introducing compressed air into a flask, any beverage contained in the flask flows out through an outlet pipe. A projecting lug is provided to control the twisting member so as to maintain the container in closed position.