Wizz Air is set to cut the number of flights it operates from Gatwick Airport, with the budget airline's chief executive saying it is losing money at the UK's second busiest airport View 5 Images Wizz Air will start by relocating one aircraft (Image: Horacio Villalobos, Corbis via Getty Images)

Budget carrier Wizz Air is poised to slash the number of services it runs from Gatwick Airport. József Váradi, chief executive of the Hungarian airline, revealed his company is losing cash at Britain's second-busiest airport. ‌

The carrier plans to pivot towards running more services from Luton Airport, citing reduced overheads. To start with, Wizz Air will relocate just one aircraft from Gatwick to Luton, according to Mr Váradi. ‌

This marks the beginning of an "ongoing proce

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