Operating Loss not Death Knell for AOPA 8 December 2020 In the true spirit of Mark Twain's legendary rejoinder, it seems the rumours of the Aircraft Owners and Pilots Association of Australia's death have been greatly exaggerated, despite the organisation booking an operating loss for 2019. With the release last week of the long-delayed 2019 financial statement, the organisation appears to be on a reasonable footing, thwarting the expectations of some industry commentators who were predicting AOPA to be on its last legs financially. Instead, the audited financial statement showed an operating loss of $34,620, much of which has been attributed to depreciation. The result shows improvement over the $54,000 loss booked for 2018.