On 9 October 2006, Gallois replaced Christian Streiff as the CEO of the aircraft manufacturer Airbus S.A.S. On 16 July 2007, EADS's management structure was changed and Gallois was appointed CEO of EADS for 5 years.
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He was replaced on 31 May 2012 by the then CEO of Airbus, Tom Enders.
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He headed that company until 1996, when he became President of SNCF, France's national state-owned railway company.
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After a meeting on 17 December 1999, freshly installed DB CEO Hartmut Mehdorn and SNCF CEO Louis Gallois called on the European rail industry to create a joint high-speed train platform, to realise economies of scale.