Air France Flight 358 , a flight from Paris, France to Toronto, Ontario, Canada using an Airbus A340 airliner, departed Paris without incident at 11:53 UTC August 2, 2005, later touching down on runway 24L-06R at Toronto Pearson International Airport at 20:01 UTC (16:01 EDT). The aircraft failed to stop and plunged into a nearby shallow ravine, coming to rest and bursting into flames approximately 300 metres past the end of the runway. The Airbus A340-313X had 309 people aboard (297 passengers and 12 crew), all of whom survived without life-threatening injuries.

Many flights departing and arriving at Pearson were cancelled, and many subsequent flights to Toronto Pearson were diverted to other Canadian airports in Ottawa, London, Hamilton,Winnipeg and most of the larger aircraft were diverted to Montreal. , as well as Syracuse, New York and Buffalo, New York. Flights from Vancouver were turned back. Some 540 flights were cancelled.

The crash of Air France Flight 358 was the biggest crisis to hit Toronto Pearson since the airport's involvement in Operation Yellow Ribbon.

Jean Lapierre, the Canadian Minister of Transport, referred to Flight 358 as a "miracle" because all of the passengers survived . Other press sources described the accident as the " Miracle in Toronto ," the " Toronto Miracle ," and the Miracle of Runway 24L "