Air Canada’s unionized flight attendants reached an agreement with the country’s largest carrier on Tuesday, ending the first strike by its cabin crew in 40 years that had upended travel plans for hundreds of thousands of passengers. The strike that lasted nearly four days had led the airline that serves about 130,000 people daily to withdraw its third quarter and full-year earnings guidance. Shares of Air Canada rose 4% in early trading. They have lost 14% of their value so far this year.
