Here, you'll want to run through the checkpoint, and then jump and fly forward from platform to platform, avoiding moving pink laser beams as you go. As you come down on the other side, go forward along this gun-laden platform, grabbing Rings and destroying the cage there to get a Special Stage Key before flying upwards with Charmy, grabbing onto an airborne ring and pulling yourself up to the platform above. Then, use Charmy to fly forward and upwards to the platform high above. When they are dead, Key #1will be revealed for you to grab.
After grinding along the rail, switch your team leader to Vector on the platform you end up on, and lay into the enemies that are guarding this platform. As this short final mission begins, go forward and kill a few enemies, and then continue onwards to the yellow grind rail they were guarding.