Yes, the projective line minus any point is the affine line.
I'll suppose the underlying field is $\mathbb F$, and that we are defining $\mathbb P$ to be the set of one dimensional subspaces of $\mathbb F^2$. The affine line is just the field $\mathbb A=\mathbb F$. Let me know if your definitions are substantially different.
For any point $p'\in\mathbb P$ let $p$ be some non-zero point on the corresponding line in $\mathbb F^2$, and let $q\in\mathbb F^2$ be some linearly independent point. By linear independence, the map $\mathbb A\rightarrow\mathbb F^2$ by $x\mapsto xp+q$ never hits zero. In fact it's easy to prove that it hits every one dimensional subspace exactly once, except for the one through $p$. So it gives an injection $\mathbb A\rightarrow \mathbb P$ hitting every point except $p'$.
In higher dimensions you get the affine space from the projective space by taking away any subspace of dimension one less:
$$\mathbb P^n-\mathbb P^{n-1}=\mathbb A^n$$
(In particular geometers sometimes think of the projective plane, $\mathbb P^2$, as being the usual plane along with the "line at infinity":
$$\mathbb P^2=\mathbb A^2+\mathbb P^1)$$
Of course we can iterate this to express any projective space as a union of affine spaces:
$$\mathbb P^n=\mathbb A^n + \mathbb A^{n-1} + \dots + \mathbb A^0$$