The correct option is C though the industry has a huge market, it has not attracted the right kind of aircraft designers.
On reading the 5th paragraph, two reasons for the decline in commercial aeronautics are clearly specified. One is lack of collective vision that had driven us in the past, but the same is not the present situation. Therefore, option (b) can be eliminated.
The second is a need for a more aggressive pool of airplane design talents which is in spite of a multibillion dollar-a-year industry, which has been highlighted in option (c).
Options (a) and (d) have not been cited as reasons for the decline.
Hence, option (c) is the correct answer.