Bloomberg has said the city has no choice but to seek alternatives because it pays $1.1 billion a ye

NEW YORK, Feb 15(Reuters) - A strike by New York City school bus drivers ended on Friday, capping a five-week-long transit nightmare for 152,000 students in the largest public school system in the United States.
Deciding to end the first bus driver strike in 34 years, the Amalgamated Transit Union appeared to hand a victory to Mayor Michael Bloomberg, who refused to give in to demands for job security and instead sought new, less expensive contracts for routes, many of them serving children with special needs.
Union leader Michael Cordiello said the strike's end was prompted less by the mayor and more by a letter from several candidates who hope to succeed him next year. In the letter, the candidates held out the promise that if elected, they would revisit the job security issue.
'Our bus drivers and matrons look forward to getting back to work and doing the important job of safely transporting the students, who are like our own children, to and from school each day,' Cordiello said in a statement.
During the strike, students received free subway passes and reimbursement for taxi fares from the city but travel complications especially in wintry discount airline prices weather resulted in school absences for some students and missed work days for their parents.
Bloomberg has said the city has no choice but to seek alternatives because it pays $1.1 billion a year to school-bus contractors, roughly $6,900 for each student - more than any other U.S. city. Los Angeles, which pays the next highest rate, spends $3,100 for each student, Bloomberg said.
'Earlier this week, the City accepted the first bids on school bus contracts in more than 30 years, with the potential to cut costs, transfer the savings to classrooms and secure quality service from certified drivers and matrons for our students,' New York City Schools Chancellor Dennis Walcott said.
Last year, a re-bidding of pre-kindergarten bus contracts, a much smaller system, ended up saving the city $95 million over five years, the officials said. New York City bus drivers last went on strike in 1979. The strike discount airline prices lasted three months.