Step 1: Recall the definition of Euler angles.
Euler angles specify the orientation of an aircraft by describing the rotation of its body-fixed coordinate system with respect to a fixed reference frame.
This fixed reference frame is called the
\[
\boxed{\text{Inertial Frame}.}
\]
Step 2: Identify the Euler angles.
The three Euler angles are
\[
\boxed{
\begin{aligned}
\phi &\rightarrow \text{Roll angle},
\theta &\rightarrow \text{Pitch angle},
\psi &\rightarrow \text{Yaw angle}.
\end{aligned}
}
\]
These angles completely define the aircraft's orientation relative to the inertial frame.
Therefore,
\[
\boxed{\text{The inertial frame}}
\]
is the correct answer.
Thus,
\[
\boxed{(B)}
\]
is the correct answer.