November 21, 2005

Nike plane with CEO lands safely after problems

By Teresa Carson

PORTLAND, Oregon (Reuters) - A Nike Inc. corporate jet
carrying Chief Executive William Perez and other executives
landed safely at an Oregon airport on Monday after a landing
gear problem forced it to circle over Portland for hours.

Also among the seven people on board were Nike Brand
Co-President Charlie Denson and Mary Kate Buckley, vice
president and general manager of the Americas region, the
company said.

The twin-engined Gulfstream V jet landed with wheels down
and slowed to a safe halt, television pictures showed. Nike
said the plane landed at the regional Hillsboro airport.

The plane had circled the airport, with right-wing landing
gear stuck in its bay, earlier pictures had shown.

Nike shares were down $1.07, or 1.2 percent, at $86.63 on
the New York Stock Exchange.