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Just downloaded the AIR SDK update (for mac) from 4/14/2015 and it seems as if the package contains version 17.0.0.124 and not 17.0.0.144. At least this is what the air-sdk-description.xml file says.
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Release AIR SDK folders have the name AIRSDK_Compiler, make sure you're looking in there. The app descriptor file does say 144, at least on Mac.
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Did you overlay the downloaded sdk over current sdk? or share the steps that you followed?
Please follow the steps given in Update the AIR SDK for ActionScript Projects | Flash Builder 4.7 to update AIR SDK.
I downloaded the Air SDK for Mac from Download Adobe AIR SDK and app descriptor file does say 144.