A stability analysis of non-axisymmetric annular curtain is carried out for an axially moving viscous jet subject in surrounding viscous gas media. The effect of inertia, surface tension, gas-to-liquid density ratio, inner-to-outer radius ratio, and gas-to-liquid viscosity ratio on the stability of the jet is studied. In general, the axisymmetric disturbance is found to be the dominant mode. However, for small wavenumber, the non-axisymmetric mode is the most unstable mode and the one likely observed in reality. Inertia and the viscosity ratio for non-axisymmetric disturbances show a similar stability influence as observed for axisymmetric disturbances. The maximum growth rate in non-axisymmetric flow, interestingly, appears at very small wavenumber for all inertia levels. The dominant wavenumber increases (decreases) with inertia for non-axisymmetric (axisymmetric) flow. Gas-to-liquid density ratio, curvature effect, and surface tension, however, exhibit an opposite influence on growth rate compared to axisymmetric disturbances. Surface tension tends to stabilize the flow with reductions of the unstable wavenumber range and the maximum growth rate as well as the dominant wavenumber. The dominant wavenumber remains independent of viscosity ratio indicating the viscosity ratio increases the breakup length of the sheet with very little influence on the size of the drops. The range of unstable wavenumbers is affected only by curvature in axisymmetric flow, whereas all the stability parameters control the range of unstable wavenumbers in non-axisymmetric flow. Inertia and gas density increase the unstable wavenumber range, whereas the radius ratio, surface tension, and the viscosity ratio decrease the unstable wavenumber range. Neutral curves are plotted to separate the stable and unstable domains. Critical radius ratio decreases linearly and nonlinearly with the wavenumber for axisymmetric and non-axisymmetric disturbances, respectively. At smaller Weber numbers, a wider unstable domain is predicted for non-axisymmetric modes. For both axisymmetric and non-axisymmetric modes, the disturbance frequency is found to be the same and equal to the negative of axial wavenumber. Finally, comparison between theory and existing experiment leads to good qualitative agreement. A more accurate comparison is not possible given the difference in flow conditions.