New York Helicopter Charter, Inc., has been grounded via an emergency order from the Federal Aviation Administration (FAA) after a helicopter operated by the company crashed in the Hudson River last week, killing a family of five and the pilot.

The FAA’s decision comes after the helicopter company fired its director of operations following his decision to shut down flights.

“The FAA is taking this action in part because after the company’s director of operations voluntarily shut down flights, he was fired,” the FAA said in a statement.

A helicopter crashed into the Hudson River in New York on Thursday afternoon. (WCBS)

The pilot, as well as Siemens executive Agustin Escobar; his wife, Mercè Camprubí Montal; and their three young children, were pulled from the water by divers and pronounced dead.

New York Helicopter Charter’s suspension will remain in place until the necessary personnel and safety protocols are in place.

The company was also told to surrender its Air Carrier Certificate pending the outcome of the FAA’s review.

Fox News Digital’s Greg Wehner contributed to this report.