Air Canada Resumes Flights After Making Deal With Cabin Crew (1)

Air Canada will restart flights Tuesday evening after reaching a deal with flight attendants to end a three-day walkout that led to mass cancellations during the busy summer season and upended the carrier’s financial outlook.

The accord was struck shortly after 4 a.m. Toronto time, concluding a mediated session of negotiations that lasted more than nine hours, the union’s bargaining committee said in a post on its website. Shares of Air Canada rose 0.8% as of 11:15 a.m. in Toronto.

More than 10,500 flight attendants walked off the job on Saturday in a dispute over wages and compensation ...