Not recommended — #25 of 31 Flannel ranks #25 of 31 fabrics for quick drying. It is a poor fabric for this. Ranked on low moisture regain, low weight, and packability — the inverse of absorbency. The top pick is Polypropylene.
Flannel measures 58/100 for breathability, 12% moisture regain, 80/100 warmth, at 260 gsm. Fast drying favours low moisture regain: at 12% Flannel holds water and dries slowly, and 260 gsm keeps it light.