I like this as a concept for minimalist. However, IMO the picture might work better if the bottom 1/8 to 1/6 were eliminated (move camera up a little). But that's just an idea.
I like your concept and I think you got it right from a technical (exposure) point of view. I think putting the plane in the upper right corner would've added more drama/tension to the image while giving the eye somewhere to go inside the frame to follow the plane's path.
I've seen a lot of airplanes flying overhead in this challenge (and I'm sure you've seen them too) but this is the only one that made me pause and write a comment. With the others, the plane was so small, that even though it made it more minimal, it lost a lot of interest. Your picture is much more balanced in the minimalism vs interesting battle. Well done.