No, the Moon is not a bow, and no, it did not shoot out a plane like an arrow. What is pictured is a chance superposition. The plane's contrail would normally appear white, but the large volume of air toward the rising Sun preferentially knocked away blue light, not only making the sky blue, but giving the reflected trail a bright red hue. Far in the distance, well behind the plane, the crescent Moon also appears slightly reddened.