Boeing Co has unexpectedly reported a deeper loss in the third quarter of 2022 as cost overruns led to heavy losses at its ailing defence business, underscoring the challenge the company faces in turning around its fortunes.The planemaker, based in Virginia in the United States, is trying to emerge from overlapping crises: the COVID-19 pandemic and the grounding of its best-selling model after fatal crashes, which have left it with a pile of debt.However, a run-up in costs in Boeing’s defence contracts along with persistent supply-chain constraints and regulatory hurdles have made it tougher to shore up its fortunes.
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