Flash takes this....if he's bloodlusted....he could win this in the first picosecond. I don't see what Kyle could do to him...Flash isn't gonna stay still and let Rayner hit him with that ring. On the other hand...if Lantern stays in the air...there isn't much Flash could do to him either.
So, I'd say Flash can finish the fight early if he attacks before Rayner has time to react...otherwise...it's an uphill battle for Flash.